O.C.G.A.
O.C.G.A.

O.C.G.A. § 53-12-192 (2019)

Amendment of governing instrument of private foundation trust, charitable trust, or split-interest trust to exclude application of Code Section 53-12-190 or The trustees of any trust which is a private foundation, a charitable trust, as defined in Section 4947(a)(1) of the federal Internal Revenue Code, or a split-interest trust, as defined in Section 4947(a)(2) of the federal Internal Revenue Code, may, without judicial proceedings, amend the governing trust instrument of the trust expressly to exclude the application of Code Section 53-12-190 or 53-12-191, or both, by executing a written amendment to the trust and filing a duplicate

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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original of the amendment with the Attorney General of this state, whereupon the Code section or Code sections, as the case may be, shall not apply to the trust.

History

Code 1981, § 53-12-192, enacted by Ga. L. 2010, p. 579, § 1/SB 131.

Notes of Decisions
Cited in 2 cases, 1999–2005 · leading case: Wachovia Bank of Georgia, N.A. v. Namik, 620 S.E.2d 470 (Ga. Ct. App. 2005).
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Wachovia Bank of Georgia, N.A. v. Namik, 620 S.E.2d 470 (Ga. Ct. App. 2005). · cites it 4× “4 See OCGA§ 53-12-192 (a). 5 See Nelson & Hill, P.”
United States v. Holt, 76 F. Supp. 2d 1374 (M.D. Ga. 1999). · cites it 2× “Pursuant to O.C.G.A. § 53-12-192, the defendants are required to “turn over to plaintiff any property currently in his possession that they received as beneficiaries of [the Estate].”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.