Georgia § 23-2-119 - When fiduciaries or bona fide purchasers affected by release, relinquishment, or covenant as to exercise of power of appointment.
Full text of Georgia Official Code of Georgia Annotated § 23-2-119 — When fiduciaries or bona fide purchasers affected by release, relinquishment, or covenant as to exercise of power of appointment., with citation guidance and answers to common questions.
§ 23-2-119. When fiduciaries or bona fide purchasers affected by release, relinquishment, or covenant as to exercise of power of appointment.
No fiduciary holding or distributing any property subject to a power of appointment as referred to in Code Section 23-2-117 shall be deemed to have notice of the release, relinquishment, or covenant or be bound thereby unless and until a copy thereof is delivered to the fiduciary. No bona fide purchaser purchasing the property shall be affected by the release, relinquishment, or covenant unless he has notice thereof or unless the release, relinquishment, or covenant has been recorded in the office of the clerk of the superior court of the county in which the property is located. (Ga. L. 1945, p. 340, § 3.)
Frequently Asked Questions About Georgia § 23-2-119
What does Official Code of Georgia Annotated § 23-2-119 cover?
Section 23-2-119 ("When fiduciaries or bona fide purchasers affected by release, relinquishment, or covenant as to exercise of power of appointment.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 23-2-119?
A common citation format is "Official Code of Georgia Annotated § 23-2-119" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 23-2-119 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.