O.C.G.A. § 23-2-113 (2019)
When equity may relieve against collusive, illusory, mistaken, etc., executions
(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.
Annotations
RESEARCH REFERENCES Am. Jur. 2d. - 62 Am. Jur. 2d, Powers, § 73.
C.J.S. - 72 C.J.S., Powers, § 45. ALR. - Property covered by power of
appointment as subject to claims of donee’s creditors, 59 A.L.R. 1510; 97 A.L.R. 1071; 121 A.L.R. 803.