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Home » US Law » 2022 Georgia Code » Title 23 - Equity » Chapter 2 - Grounds for Equitable Relief » Article 1 - General Provisions » § 23-2-2. Setting Aside Sale or Contract for Inadequate Consideration

Great inadequacy of consideration, joined with great disparity of mental ability in contracting a bargain, may justify equity in setting aside a sale or other contract.

History. Orig. Code 1863, § 3110; Code 1868, § 3122; Code 1873, § 3179; Code 1882, § 3179; Civil Code 1895, § 4033; Civil Code 1910, § 4630; Code 1933, § 37-710.

Cross references.

For further provisions regarding inadequacy of consideration, see § 13-3-46 .

Law reviews.

For article discussing effect of contracts involving fraud or inadequate consideration, see 4 Ga. L. Rev. 469 (1970).