The natural increase of the property shall belong to the tenant for life. Any extraordinary accumulation of the corpus, such as an issue of new stock upon the share of a corporation, shall attach to the corpus and go with it to the remainderman.
History. Orig. Code 1863, § 2236; Code 1868, § 2230; Code 1873, § 2256; Code 1882, § 2256; Civil Code 1895, § 3091; Civil Code 1910, § 3667; Code 1933, § 85-605.
Law reviews.
For note, “Determining Principal and Income Allocation in Georgia Trusts,” see 8 Ga. St. B.J. 564 (1972).
Structure Georgia Code
§ 44-6-80. Nature of Life Estates; Estates During Widowhood
§ 44-6-81. Length of Life Estate
§ 44-6-82. How and in What Property Life Estate May Be Created
§ 44-6-83. Rights and Duties of Life Tenant; Forfeiture of Interest to Remainderman
§ 44-6-84. Ownership of Increase of Property
§ 44-6-85. When Life Tenant Entitled to Emblements
§ 44-6-86. Rights of Lessee Upon Termination of Life Estate
§ 44-6-87. Effect of Purported Sale of Estate by Life Tenant
§ 44-6-88. Demand for Bond by Purchaser of Life Estate in Personalty; Effect of Failure to Give Bond
§ 44-6-89. Removal of Personalty Beyond State by Life Tenant; Forfeiture; Restraint
§ 44-6-90. Jurisdiction of Judge of Superior Court as to Life Estates and Contingent Remainders