Constructive trusts
Applied in 1 court decision — leading case 99 F. Supp. 3d 868 - O'Donnell v. Federal Bureau of Investigation (2015)
Most recently applied in 99 F. Supp. 3d 868 - O'Donnell v. Federal Bureau of Investigation (April 2015)
— Code 1981, § 53-12-132, enacted by Ga
(a) A constructive trust is a trust implied whenever the circumstances are such that the person holding legal title to property, either from fraud or otherwise, cannot enjoy the beneficial interest in the property without violating some established principle of equity.
(b) The person claiming the beneficial interest in the property may be found to have waived the right to a constructive trust by subsequent
ratification or long acquiescence.
Current official text: Official Code of Georgia Annotated (LexisNexis). Digitized from the Internet Archive scan of the OCGA. Reproduced from public-domain Georgia statutes; confirm against the official source for the current text. Not legal advice.