Section 53-12-83. Creditors' claims against property that is subject to withdrawal right

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The holder of a power of withdrawal, during the period that the power may be exercised, shall be treated in the same manner as the settlor of a revocable trust to the extent of the property subject to the power. The lapse, release, or waiver of a power of withdrawal shall not cause the holder to be treated as a settlor of the trust.

Code 1981, § 53-12-83, enacted by Ga. L. 2010, p. 579, § 1/SB 131.

                    
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