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Official Code of Georgia Annotated

Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Chapter 12. TRUSTS · Article 1. GENERAL PROVISIONS

53-12-1. Short title; effect on existing trusts.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. (a)

    This chapter shall be known and may be cited as ‘‘The Revised Georgia Trust Code of 2010.’’#

  2. (b)

    Except to the extent it would impair vested rights and except as otherwise provided by law, the provisions contained in this chapter shall apply to any trust regardless of the date such trust was created.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 53-12-1, enacted by Ga. L. 2010, p. 579, § 1/SB 131.

Code Commission notes

Pursuant to Code Section 28-9-5, in 2010, ‘‘This chapter’’ was substituted for ‘‘This Act’’ at the beginning of subsection (a).

Law reviews

For article, ‘‘‘Rarely Utilized’: The Georgia Business Trust Code,’’ see 14 Ga. St. B.J. 12 (2008). For annual survey on wills, trusts, guardianships, and fiduciary administration, see 65 Mercer L. Rev. 295 (2013). For article, ‘‘Self-Settled Asset Protection Trusts in Georgia,’’ see 23 Ga. St. B. J. 17 (Feb. 2018).

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t52-t53-(v40)-2021-pdf.pdf, Volume V40, 2021 edition, page 751; merge action: carried; file SHA-256 062775612dfc.