O.C.G.A.
O.C.G.A.

O.C.G.A. § 23-2-112 (2019)

When faithful execution of power compellable

✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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In all cases where no discretion is allowed or the discretion allowed is abused, equity may compel a faithful execution of the power.

History

Orig. Code 1863, § 3102; Code 1868, § 3114; Code 1873, § 3171; Code 1882, § 3171; Civil Code 1895,

§ 4022; Civil Code 1910, § 4619; Code 1933, § 37-606.

Annotations

JUDICIAL DECISIONS Cited in Cowart v. Budreau, 90 Ga. App. 316, 82 S.E.2d 877 (1954); Dockery v.

Parks, 117 Ga. App. 589, 161 S.E.2d 406 (1968).

RESEARCH REFERENCES C.J.S. - 72 C.J.S., Powers, §§ 33 et seq., 48. ALR. - When power to appoint property regarded as a power in trust which equity will exercise in the event of donee’s failure, 80 A.L.R. 503. Will executed before creation of power to appoint property as an exercise of the power, 91 A.L.R. 621.

Property covered by power of appointment as subject to claims of donee’s creditors, 97 A.L.R. 1071; 121 A.L.R. 803. Parties defendant to stockholder’s suit to compel declaration of dividend, 15 A.L.R.2d 1124.