Georgia § 53-12-130 - Resulting trusts.
Full text of Georgia Official Code of Georgia Annotated § 53-12-130 — Resulting trusts., with citation guidance and answers to common questions.
§ 53-12-130. Resulting trusts.
A resulting trust is a trust implied for the benefit of the settlor or the settlor's successors in interest when it is determined that the settlor did not intend that the holder of the legal title to the trust property also should have the beneficial interest in the property under any of the following circumstances: A trust is created but fails, in whole or in part, for any reason; A trust is fully performed without exhausting all the trust property; or A purchase money resulting trust as defined in subsection (a) of Code Section 53-12-131 is established. (Code 1981, § 53-12-130 , enacted by Ga. L. 2010, p. 579, § 1/SB 131.)
Frequently Asked Questions About Georgia § 53-12-130
What does Official Code of Georgia Annotated § 53-12-130 cover?
Section 53-12-130 ("Resulting trusts.") 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 § 53-12-130?
A common citation format is "Official Code of Georgia Annotated § 53-12-130" (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 § 53-12-130 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.