Ga. Code § 53-12-21

Current through 2023-2024 Legislative Session Chapters 1-374, 376-386, 393, 394, 397, 398, 406-412, 414, 415, 421, 424, 427, 429, 430, 432-456, 460, 461, 471, 473, 475, 478, 480, 483, 484, 488, 490
Section 53-12-21 - Formal and precatory words
(a) No formal words shall be necessary to create an express trust.
(b) Words otherwise precatory in nature will create a trust only if they are sufficiently imperative to show a settlor's intention to impose enforceable duties on a trustee and if all other elements of an express trust are present.

OCGA § 53-12-21

Added by 2010 Ga. Laws 506,§ 1, eff. 7/1/2010.