72.400 Trusts; Fiduciary Relationship as Creating Trust | Pdf Doc Docx | Georgia_JI

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72.400 Trusts; Fiduciary Relationship as Creating Trust | Pdf Doc Docx | Georgia_JI

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72.400 Trusts; Fiduciary Relationship as Creating Trust

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72.400 Trusts; Fiduciary Relationship as Creating Trust A fiduciary, that is, an agent or other person in a confidential relationship toward someone else, cannot take advantage and profit out of the relationship or out of the knowledge obtained by it to the injury of the principal but holds any profits or other benefits gained under the relationship as trustee for the use and benefit of the principal. Stover v. Atlantic Ice and Coal Corp., 154 Ga. 228 (1922) Brown v. Brown, 209 Ga. 620 (1953) Sutton v. McMillan, 213 Ga. 90, 95 (1957) Franco v. Stein Steel Company, 227 Ga. 92, 95(1) (1970)

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