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O.C.G.A. § 53-12-172

Cy pres

— Code 1981, § 53-12-172, enacted by Ga

Gift to or for employees’ pension fund as valid charitable gift or trust, 28 A.L.R.2d 428.

Gift, other than one to pension fund, for employees or former employees of a particular business or company, or their families, as valid charitable gift or trust, 51 A.L.R.2d 1290.

Validity, as a charitable trust, of gift to church, church society, or trustees or officers thereof, without declaration or restriction as to its use or purpose, 81 A.L.R.2d 819.

Validity, as charitable trust, of gift or prize or award to person or persons accomplishing specified results, 7 A.L.R.3d 1281.

Charitable trusts: elimination or modification, by court, of restrictions on amount of donation or expenditure which trustee may make for purposes of trust, 50 A.L.R.3d 1116.

Validity, construction, and effect of provisions of charitable trust providing for accumulation of income, 6 A.L.R.4th 908.

Ifa charitable trust or gift cannot be executed in the manner provided by the settlor or donor, the superior court shall exercise equitable powers in such a way as will as nearly as possible effectuate the

intention of the settlor or donor.

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.