Official Code of Georgia Annotated
Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Chapter 12. TRUSTS · Article 9. CHARITABLE TRUSTS
53-12-172. Cy pres.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
If a charitable purpose of a charitable trust becomes unlawful, impracticable, impossible to achieve, or wasteful, the court shall, upon a petition by a donor or other interested person pursuant to this Code section, modify or terminate the trust in such a way as will as nearly as possible effectuate the intention of the settlor or donor.
Reading note: a word broken across two lines in the printed volume was joined by rule and could not be checked against the volume's own vocabulary. The official page linked below settles any doubt.
History
Code 1981, § 53-12-172, enacted by Ga. L. 2010, p. 579, § 1/SB 131; Ga. L. 2025, p. 806, § 77/HB 327, effective July 1, 2025.
Amendments
The 2025 amendment, effective July 1, 2025, rewrote this Code section.
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)-pdf.pdf, Volume V40, 2021 edition, 2025 supplement, page 106; merge action: replaced; file SHA-256 d9d2be0e71ce.