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2018 Georgia Code 23-2-113 | Car Wreck Lawyer

TITLE 23 EQUITY

Section 2. Grounds for Equitable Relief, 23-2-1 through 23-2-136.

ARTICLE 6 EXERCISE OF POWERS OF APPOINTMENT AND SALE

23-2-113. When equity may relieve against collusive, illusory, mistaken, etc., executions.

  1. 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.
  2. Equity may relieve against mistaken or defective executions, collusive executions, and illusory appointments.

(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.)

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.

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