Official Code of Georgia Annotated
Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Chapter 12. TRUSTS · Article 2. CREATION AND VALIDITY OF EXPRESS TRUSTS
53-12-22. Trust purposes.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
A trust may be created for any lawful purpose.
History
Code 1981, § 53-12-22, enacted by Ga. L. 2010, p. 579, § 1/SB 131; Ga. L. 2020, p. 377, § 1-74/HB 865; Ga. L. 2025, p. 806, § 68/HB 327, effective July 1, 2025.
Amendments
The 2025 amendment, effective July 1, 2025, rewrote this Code section.
Law reviews
For article with annual survey on wills, trusts, guardianships, and fiduciary administration, see 73 Mercer L. Rev. 281 (2021). For article, “I’ll Give You My Trust Assets, When You Pry Them From My Cold, Dead Hands,” see 74 Mercer L. Rev. 1649 (2023).
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 88; merge action: replaced; file SHA-256 d9d2be0e71ce.