State Codes and Statutes

Statutes > Georgia > Title-53 > Chapter-12 > Article-2 > 53-12-21

O.C.G.A. 53-12-21 (2010)
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.

State Codes and Statutes

Statutes > Georgia > Title-53 > Chapter-12 > Article-2 > 53-12-21

O.C.G.A. 53-12-21 (2010)
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.

State Codes and Statutes

State Codes and Statutes

Statutes > Georgia > Title-53 > Chapter-12 > Article-2 > 53-12-21

O.C.G.A. 53-12-21 (2010)
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.