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Georgia General Assembly > Legislation
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2001-2002 Regular Session - HB 663
Property and trusts; rule against perpetuities; optional exceptions
Sponsored By
HC: JudiciarySC:
First Reader Summary
A BILL to amend Article 9 of Chapter 6 of Title 44 of the Official Code of Georgia Annotated, the "Uniform Statutory Rule Against Perpetuities," so as to provide for optional exceptions to the rule against perpetuities for certain trusts; to provide for a definition; to amend Chapter 12 of Title 53 of the Official Code of Georgia Annotated, the "Georgia Trust Act," so as to revise a definition and a provision relating to the creation of beneficial interests in property by deed in conformity with such exceptions; and for other purposes.
Status History
Feb/21/2001 - House Second Readers
Feb/20/2001 - House First Readers
Feb/16/2001 - House Hopper