Official Code of Georgia Annotated
Title 23. EQUITY · Chapter 2. GROUNDS FOR EQUITABLE RELIEF · Article 6. EXERCISE OF POWERS OF APPOINTMENT AND SALE
23-2-113. When equity may relieve against collusive, illusory, mistaken, etc., executions.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
- (a)
As used in this Code section, the term:#
- (1)
‘‘Collusive execution’’ means every execution whereby the person exercising a power uses it by contrivance for his own benefit, he not being legitimately an intended beneficiary.#
- (2)
‘‘Illusory appointment’’ means an appointment whereby a nominal benefit only is given to one of a class, to all of whom a substantial benefit was intended.#
- (b)
Equity may relieve against mistaken or defective executions, collusive executions, and illusory appointments.#
History
Orig. Code 1863, §§ 3098, 3099, 3100; Code 1868, §§ 3110, 3111, 3112; Code 1873, §§ 3167, 3168, 3169; Code 1882, §§ 3167, 3168, 3169; Civil Code 1895, §§ 4018, 4019, 4020; Civil Code 1910, §§ 4615, 4616, 4617; Code 1933, §§ 37-602, 37-603, 37-604.
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Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t22-t23-(v19)-2020-pdf.pdf, Volume V19, 2020 edition, page 431; merge action: carried; file SHA-256 b3cf4ff62f2f.