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GEORGIA CODE (Last Updated: August 20, 2013) |
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Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES |
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Chapter 12. TRUSTS |
| Article 1. GENERAL PROVISIONS |
| Article 2. CREATION AND VALIDITY OF EXPRESS TRUSTS |
| Article 3. REVOCABLE TRUSTS |
| Article 4. REFORMATION, MODIFICATION, DIVISION, CONSOLIDATION, AND TERMINATION OF TRUSTS |
| Article 5. SPENDTHRIFT PROVISIONS AND CREDITORS' RIGHTS AND CLAIMS |
| Article 6. TESTAMENTARY ADDITIONS TO TRUSTS |
| Article 7. IMPLIED TRUSTS |
| Article 8. CREATION BY DEED TO ACQUIRE BENEFICIAL INTEREST |
| Article 9. CHARITABLE TRUSTS |
| Article 10. PRIVATE FOUNDATIONS |
| Article 11. TRUSTEES |
| Article 12. ACCOUNTING BY TRUSTEE |
| Article 13. TRUSTEES' DUTIES AND POWERS |
| Article 14. TRUSTEE LIABILITY |
| Article 15. NONRESIDENTS AND FOREIGN ENTITIES ACTING AS TRUSTEES |
| Article 16. TRUST INVESTMENTS |
| Article 17. GEORGIA PRINCIPAL AND INCOME ACT |
REFS & ANNOS
TITLE 53 Chapter 12 NOTE
EFFECTIVE DATE. --This chapter became effective July 1, 2010.
CROSS REFERENCES. --Taxation of fiduciaries, § 48-7-22.
EDITOR'S NOTES. --Ga. L. 1991, p. 810, repealed and reenacted the former chapter, effective July 1, 1991. The former chapter consisted of Code Sections 53-12-1 through 53-12-156, and was based on Ga. L. 1855-56, p. 228, § 5; Code 1863, § 3292; Code 1868, § 3304; Code 1873, § 3380; Code 1882, § 3380; Civil Code 1895, § 3205; Civil Code 1910, § 3789; Code 1933, §§ 108-504, 108-608, 108-609, 108-610; Ga. L. 1950, p. 310, § 1; Ga. L. 1961, p. 207, §§ 5, 6; Ga. L. 1971, p. 428, §§ 1, 2; Ga. L. 1971, p. 430, §§ 1-3; Ga. L. 1971, p. 643, §§ 1-3; Ga. L. 1973, p. 844, §§ 1, 2; Ga. L. 1974, p. 440, § 7; Ga. L. 1975, p. 1527, § 3; Ga. L. 1977, p. 719, § 1; Ga. L. 1980, p. 472, § 1; Ga. L. 1981, Ex. Sess., p. 8; Ga. L. 1982, p. 3, § 53; Ga. L. 1983, p. 884, § 4-1; Ga. L. 1984, p. 22, § 53; Ga. L. 1987, p. 191, § 9; Ga. L. 1988, p. 13, § 53; Ga. L. 1988, p. 1939, § 1; Ga. L. 1989, p. 14, § 53; Ga. L. 1989, p. 946, §§ 116-118; Ga. L. 1990, p. 667, § 2.
Ga. L. 2010, p. 579, § 1, effective July 1, 2010, repealed the Code sections formerly codified at this chapter and enacted the current chapter. The former chapter consisted of Code Sections 53-12-1 through 53-12-7 (Article 1), 53-12-20 through 53-12-28 (Article 2), 53-12-50 through 53-12-59 (Article 3), 53-12-70 through 53-12-74 (Article 4), 53-12-90 through 53-12-94 (Article 5), 53-12-110 through 53-12-133 (Article 6), 53-12-150 through 53-12-153 (Article 7), 53-12-170 through 53-12-173, 53-12-173.1, and 53-12-174 through 53-12-176 (Article 8), 53-12-190 through 53-12-199 (Article 9), 53-12-210 through 53-12-219 (Article 10), 53-12-230 through 53-12-234 (Article 11), 53-12-250 through 53-12-264 (Article 12), 53-12-280 through 53-12-290 (Article 13), 53-12-300 through 53-12-302 (Article 14), 53-12-320 through 53-12-330 (Article 15), 53-12-350 through 53-12-394 (Article 16), relating to trusts, and was based on Ga. L. 1991, p. 810, § 1; Ga. L. 1992, p. 1053, § 1; Ga. L. 1992, p. 1438, § 3; Ga. L. 1996, p. 504, §§ 4, 11-14; Ga. L. 1998, p. 1323, § 1; Ga. L. 1999, p. 81, § 53; Ga. L. 2000, p. 1589, § 3; Ga. L. 2002, p. 788, § 1; Ga. L. 2002, p. 854, § 1; Ga. L. 2002, p. 1316, § 7; Ga. L. 2003, p. 794, § 1; Ga. L. 2004, p. 161, § 14; Ga. L. 2005, p. 583, §§ 2-6/HB 406; Ga. L. 2006, p. 805, § 23/SB 534.
Table of Comparable Provisions for Chapter 12 of Title 53 Former Code Sections to Revised Code Sections
This table lists each Code section in the former version of Chapter 12 of this title as such existed on June 30, 2010, and comparable provisions in the version of Chapter 12 which became effective July 1, 2010. It is intended to assist the user who is familiar with the former chapter to find comparable new provisions.
1991 2010 Trust Code
Trust Act
--- ---
53-12-1 53-12-1
53-12-2 53-12-2
53-12-3 53-12-1
53-12-4 53-12-6
53-12-5 53-12-7
53-12-6 53-12-201(b)
53-12-7 53-12-3
53-12-20 53-12-20
53-12-21 53-12-21
53-12-22 53-12-23
53-12-23 53-12-22(a)
53-12-24 53-12-200
53-12-25 53-12-26
53-12-26 none
53-12-27 53-12-27
53-12-28 53-12-80
53-12-50 53-12-150
53-12-51 53-12-151
53-12-52 53-12-152
53-12-53 53-12-153
53-12-54 53-12-154
53-12-55 53-12-155
53-23-56 53-12-156
53-12-57 53-12-157
53-12-58 53-12-158
53-12-59 53-12-159
53-12-70 53-12-100
53-12-71 53-12-101
53-12-72 53-12-102
53-12-73 53-12-103
53-12-90 53-12-2(5)
53-12-91 53-12-130
53-12-92 53-12-131
53-12-93 53-12-132
53-12-94 53-12-133
53-12-110 53-12-170
53-12-111 53-12-170
53-12-112 53-12-171
53-12-113 53-12-172
53-12-114 53-12-173
53-12-115 53-12-174
53-12-116 none
53-12-120 53-12-180
53-12-121 53-12-181
53-12-122 53-12-182
53-12-123 53-12-184
53-12-124 53-12-190
53-12-125 53-12-191
53-12-126 53-12-192
53-12-127 53-12-194
53-12-128 53-12-195
53-12-129 53-12-193
53-12-130 53-12-183
53-12-131 none
53-12-132 53-12-184, 53-12-194
53-12-133 53-12-184, 53-12-195
53-12-150 53-12-40
53-12-151 53-12-41
53-12-152 53-12-63, 53-12-64
53-12-153 53-12-62
53-12-170 53-12-201
53-12-171 53-12-202
53-12-172 53-12-204
53-12-173 53-12-210, 53-12-211
53-12-173. 53-12-214
1
53-12-174 53-12-203
53-12-175 53-12-220
53-12-221 53-12-221
53-12 190 53-12-240, 53-12-243, 53-12-244
53-12-191 53-12-300
53-12-192 53-12-301
53-12-193 53-12-302
53-12-194 53-12-303
53-12-195 53-12-304
53-12-196 53-12-305
53-12-197 53-12-306
53-12-198 53-12-307
53-12-199 53-12-308
53-12-210 53-12-381
53-12-211 53-12-247, 53-12-360
53-12-212 53-12-420, 53-12-421, 53-12-422,
53-12-423
53-12-213 53-12-400, 53-12-401, 53-12-402
53-12-214 53-12-410
53-12-215 53-12-422
53-12-216 53-12-412
53-12-217 53-12-426, 53-12-427
53-12-218 53-12-428
53-12-219 53-12-450, 53-12-451, 53-12-452,
53-12-453, 53-12-454
53-12-220 53-12-361
53-12-221 53-12-362
53-12-222 53-12-363
53-12-230 53-12-261(a)
53-12-231 53-12-263
53-12-232 53-12-261, 53-12-262
53-12-233 none
53-12-234 53-12-264
53-12-250 none
53-12-251 none
53-12-252 none
53-12-253 none
53-12-254 none
53-12-255 none
53-12-256 none
53-12-257 none
53-12-258 none
53-12-259 none
53-12-260 none
53-12-261 none
53-12-262 none
53-12-263 53-7-45
53-12-264 none
53-12-265 53-12-270
53-12-280 none
53-12-281 none
53-12-282 none
53-12-283 none
53-12-284 none
53-12-285 none
53-12-286 none
53-12-287 53-12-340, 53-12-429
53-12-288 none
53-12-289 none
53-12-300 53-12-290
53-12-301 53-12-291
53-12-302 53-12-292
(Repealed
by Ga. L.
1998, p.
1323, § 1)
53-12-350 none
53-12-351 none
53-12-352 none
53-12-353 none
53-12-370 53-12-320, 53-12-323
53-12-371 53-12-320
53-12-372 none
53-12-373 none
53-12-374 none
53-12-375 none
53-12-376 none
53-12-390 53-12-2(4)
53-12-391 53-12-320, 53-12-321
53-12-392 53-12-322, 53-12-323
53-12-393 53-12-323
53-12-394 53-12-323
Revised Code Sections to Former Code Sections
This table lists each Code section in the version of Chapter 12 of this title which became effective July 1, 2010, and comparable provisions in the former version of Chapter 12 as such existed on June 30, 2010.
2010 1991 Trust Act
Trust Code
--- ---
53-12-1 53-12-1, 53-12-3
53-12-2 53-12-2
53-12-3 53-12-7
53-12-4 none
53-12-5 none
53-12-6 53-12-4
53-12-7 53-12-5
53-12-20 53-12-20
53-12-21 53-12-21
53-12-22 53-12-23, 53-4-68
53-12-23 53-12-22
53-12-24 none
53-12-25 none
53-12-26 53-12-25
53-12-27 53-12-27
53-12-28 none
53-12-40 53-12-150
53-12-41 53-12-151
53-12-42 none
53-12-43 none
53-12-44 none
53-12-45 none
53-12-60 none
53-12-61 none
53-12-62 53-12-153
53-12-63 53-12-152(b)
53-12-64 53-12-152(a)
53-12-65 none
53-12-80 53-12-28
53-12-81 none
53-12-82 none
53-12-83 none
53-12-100 53-12-70
53-12-101 53-12-71
53-12-102 53-12-72
53-12-103 53-12-73
53-12-120 none
53-12-130 53-12-91
53-12-131 53-12-92
53-12-132 53-12-93
53-12-133 53-12-94
53-12-150 53-12-50
53-12-151 53-12-51
53-12-152 53-12-52
53-12-153 53-12-53
53-12-154 53-12-54
53-12-155 53-12-55
53-12-156 53-12-56
53-12-157 53-12-57
53-12-158 53-12-58 $
CROSS REFERENCES. --Taxation of fiduciaries, § 48-7-22.
EDITOR'S NOTES. --Ga. L. 1991, p. 810, repealed and reenacted the former chapter, effective July 1, 1991. The former chapter consisted of Code Sections 53-12-1 through 53-12-156, and was based on Ga. L. 1855-56, p. 228, § 5; Code 1863, § 3292; Code 1868, § 3304; Code 1873, § 3380; Code 1882, § 3380; Civil Code 1895, § 3205; Civil Code 1910, § 3789; Code 1933, §§ 108-504, 108-608, 108-609, 108-610; Ga. L. 1950, p. 310, § 1; Ga. L. 1961, p. 207, §§ 5, 6; Ga. L. 1971, p. 428, §§ 1, 2; Ga. L. 1971, p. 430, §§ 1-3; Ga. L. 1971, p. 643, §§ 1-3; Ga. L. 1973, p. 844, §§ 1, 2; Ga. L. 1974, p. 440, § 7; Ga. L. 1975, p. 1527, § 3; Ga. L. 1977, p. 719, § 1; Ga. L. 1980, p. 472, § 1; Ga. L. 1981, Ex. Sess., p. 8; Ga. L. 1982, p. 3, § 53; Ga. L. 1983, p. 884, § 4-1; Ga. L. 1984, p. 22, § 53; Ga. L. 1987, p. 191, § 9; Ga. L. 1988, p. 13, § 53; Ga. L. 1988, p. 1939, § 1; Ga. L. 1989, p. 14, § 53; Ga. L. 1989, p. 946, §§ 116-118; Ga. L. 1990, p. 667, § 2.
Ga. L. 2010, p. 579, § 1, effective July 1, 2010, repealed the Code sections formerly codified at this chapter and enacted the current chapter. The former chapter consisted of Code Sections 53-12-1 through 53-12-7 (Article 1), 53-12-20 through 53-12-28 (Article 2), 53-12-50 through 53-12-59 (Article 3), 53-12-70 through 53-12-74 (Article 4), 53-12-90 through 53-12-94 (Article 5), 53-12-110 through 53-12-133 (Article 6), 53-12-150 through 53-12-153 (Article 7), 53-12-170 through 53-12-173, 53-12-173.1, and 53-12-174 through 53-12-176 (Article 8), 53-12-190 through 53-12-199 (Article 9), 53-12-210 through 53-12-219 (Article 10), 53-12-230 through 53-12-234 (Article 11), 53-12-250 through 53-12-264 (Article 12), 53-12-280 through 53-12-290 (Article 13), 53-12-300 through 53-12-302 (Article 14), 53-12-320 through 53-12-330 (Article 15), 53-12-350 through 53-12-394 (Article 16), relating to trusts, and was based on Ga. L. 1991, p. 810, § 1; Ga. L. 1992, p. 1053, § 1; Ga. L. 1992, p. 1438, § 3; Ga. L. 1996, p. 504, §§ 4, 11-14; Ga. L. 1998, p. 1323, § 1; Ga. L. 1999, p. 81, § 53; Ga. L. 2000, p. 1589, § 3; Ga. L. 2002, p. 788, § 1; Ga. L. 2002, p. 854, § 1; Ga. L. 2002, p. 1316, § 7; Ga. L. 2003, p. 794, § 1; Ga. L. 2004, p. 161, § 14; Ga. L. 2005, p. 583, §§ 2-6/HB 406; Ga. L. 2006, p. 805, § 23/SB 534.
Table of Comparable Provisions for Chapter 12 of Title 53 Former Code Sections to Revised Code Sections
This table lists each Code section in the former version of Chapter 12 of this title as such existed on June 30, 2010, and comparable provisions in the version of Chapter 12 which became effective July 1, 2010. It is intended to assist the user who is familiar with the former chapter to find comparable new provisions.
1991 2010 Trust Code
Trust Act
--- ---
53-12-1 53-12-1
53-12-2 53-12-2
53-12-3 53-12-1
53-12-4 53-12-6
53-12-5 53-12-7
53-12-6 53-12-201(b)
53-12-7 53-12-3
53-12-20 53-12-20
53-12-21 53-12-21
53-12-22 53-12-23
53-12-23 53-12-22(a)
53-12-24 53-12-200
53-12-25 53-12-26
53-12-26 none
53-12-27 53-12-27
53-12-28 53-12-80
53-12-50 53-12-150
53-12-51 53-12-151
53-12-52 53-12-152
53-12-53 53-12-153
53-12-54 53-12-154
53-12-55 53-12-155
53-23-56 53-12-156
53-12-57 53-12-157
53-12-58 53-12-158
53-12-59 53-12-159
53-12-70 53-12-100
53-12-71 53-12-101
53-12-72 53-12-102
53-12-73 53-12-103
53-12-90 53-12-2(5)
53-12-91 53-12-130
53-12-92 53-12-131
53-12-93 53-12-132
53-12-94 53-12-133
53-12-110 53-12-170
53-12-111 53-12-170
53-12-112 53-12-171
53-12-113 53-12-172
53-12-114 53-12-173
53-12-115 53-12-174
53-12-116 none
53-12-120 53-12-180
53-12-121 53-12-181
53-12-122 53-12-182
53-12-123 53-12-184
53-12-124 53-12-190
53-12-125 53-12-191
53-12-126 53-12-192
53-12-127 53-12-194
53-12-128 53-12-195
53-12-129 53-12-193
53-12-130 53-12-183
53-12-131 none
53-12-132 53-12-184, 53-12-194
53-12-133 53-12-184, 53-12-195
53-12-150 53-12-40
53-12-151 53-12-41
53-12-152 53-12-63, 53-12-64
53-12-153 53-12-62
53-12-170 53-12-201
53-12-171 53-12-202
53-12-172 53-12-204
53-12-173 53-12-210, 53-12-211
53-12-173. 53-12-214
1
53-12-174 53-12-203
53-12-175 53-12-220
53-12-221 53-12-221
53-12 190 53-12-240, 53-12-243, 53-12-244
53-12-191 53-12-300
53-12-192 53-12-301
53-12-193 53-12-302
53-12-194 53-12-303
53-12-195 53-12-304
53-12-196 53-12-305
53-12-197 53-12-306
53-12-198 53-12-307
53-12-199 53-12-308
53-12-210 53-12-381
53-12-211 53-12-247, 53-12-360
53-12-212 53-12-420, 53-12-421, 53-12-422,
53-12-423
53-12-213 53-12-400, 53-12-401, 53-12-402
53-12-214 53-12-410
53-12-215 53-12-422
53-12-216 53-12-412
53-12-217 53-12-426, 53-12-427
53-12-218 53-12-428
53-12-219 53-12-450, 53-12-451, 53-12-452,
53-12-453, 53-12-454
53-12-220 53-12-361
53-12-221 53-12-362
53-12-222 53-12-363
53-12-230 53-12-261(a)
53-12-231 53-12-263
53-12-232 53-12-261, 53-12-262
53-12-233 none
53-12-234 53-12-264
53-12-250 none
53-12-251 none
53-12-252 none
53-12-253 none
53-12-254 none
53-12-255 none
53-12-256 none
53-12-257 none
53-12-258 none
53-12-259 none
53-12-260 none
53-12-261 none
53-12-262 none
53-12-263 53-7-45
53-12-264 none
53-12-265 53-12-270
53-12-280 none
53-12-281 none
53-12-282 none
53-12-283 none
53-12-284 none
53-12-285 none
53-12-286 none
53-12-287 53-12-340, 53-12-429
53-12-288 none
53-12-289 none
53-12-300 53-12-290
53-12-301 53-12-291
53-12-302 53-12-292
(Repealed
by Ga. L.
1998, p.
1323, § 1)
53-12-350 none
53-12-351 none
53-12-352 none
53-12-353 none
53-12-370 53-12-320, 53-12-323
53-12-371 53-12-320
53-12-372 none
53-12-373 none
53-12-374 none
53-12-375 none
53-12-376 none
53-12-390 53-12-2(4)
53-12-391 53-12-320, 53-12-321
53-12-392 53-12-322, 53-12-323
53-12-393 53-12-323
53-12-394 53-12-323
Revised Code Sections to Former Code Sections
This table lists each Code section in the version of Chapter 12 of this title which became effective July 1, 2010, and comparable provisions in the former version of Chapter 12 as such existed on June 30, 2010.
2010 1991 Trust Act
Trust Code
--- ---
53-12-1 53-12-1, 53-12-3
53-12-2 53-12-2
53-12-3 53-12-7
53-12-4 none
53-12-5 none
53-12-6 53-12-4
53-12-7 53-12-5
53-12-20 53-12-20
53-12-21 53-12-21
53-12-22 53-12-23, 53-4-68
53-12-23 53-12-22
53-12-24 none
53-12-25 none
53-12-26 53-12-25
53-12-27 53-12-27
53-12-28 none
53-12-40 53-12-150
53-12-41 53-12-151
53-12-42 none
53-12-43 none
53-12-44 none
53-12-45 none
53-12-60 none
53-12-61 none
53-12-62 53-12-153
53-12-63 53-12-152(b)
53-12-64 53-12-152(a)
53-12-65 none
53-12-80 53-12-28
53-12-81 none
53-12-82 none
53-12-83 none
53-12-100 53-12-70
53-12-101 53-12-71
53-12-102 53-12-72
53-12-103 53-12-73
53-12-120 none
53-12-130 53-12-91
53-12-131 53-12-92
53-12-132 53-12-93
53-12-133 53-12-94
53-12-150 53-12-50
53-12-151 53-12-51
53-12-152 53-12-52
53-12-153 53-12-53
53-12-154 53-12-54
53-12-155 53-12-55
53-12-156 53-12-56
53-12-157 53-12-57
53-12-158 53-12-58 $