Section 53-12-21. Formal and precatory words

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(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.

Code 1981, § 53-12-21, enacted by Ga. L. 2010, p. 579, § 1/SB 131.

                    
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