SB 131 - The Revised Georgia Trust Code of 2009; comprehensively revise provisions relating to trusts
Current Status
01/27/10 - House Committee Favorably ReportedFirst Reader Summary
A BILL to be entitled an Act to amend Title 53 of the Official Code of Georgia Annotated, relating to wills, trusts, and estates, so as to provide a short title; to comprehensively revise provisions relating to trusts, charitable trusts, trustees, and trust investments; to provide for general provisions relating to trusts; to provide for the creation and validity of express trusts; to provide for revocable trusts; to provide for reformation, modification, division, consolidation, and termination of trusts; to amend Code Section 7-1-242 of the Official Code of Georgia Annotated, relating to restrictions on corporate fiduciaries, so as to provide that nonprofit corporations and other entities may lawfully act as a fiduciary; to repeal conflicting laws; and for other purposes.
Votes
Electronically Recorded Votes| Date | Time | Vote No | Yeas | Nays | NV | Exc | Description |
|---|
| 03/04/2009 | 11:33AM | Senate Vote #114 | 047 | 001 | 006 | 002 | PASSAGE BY SUBSTITUTE |
Status History
Bill History| Date | Action |
|---|
| 02/10/2009 | Senate Read and Referred |
| 02/26/2009 | Senate Committee Favorably Reported |
| 03/03/2009 | Senate Read Second Time |
| 03/04/2009 | Senate Third Read |
| 03/04/2009 | Senate Passed/Adopted |
| 03/05/2009 | House First Readers |
| 03/09/2009 | House Second Readers |
| 01/27/2010 | House Committee Favorably Reported |
