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Georgia General Assembly > Legislation
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2009-2010 Regular Session - SB 131
The Revised Georgia Trust Code of 2009; comprehensively revise provisions relating to trusts
Sponsored By
Sponsored In House By
First 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.
Status History
Jul/01/2010 - Effective Date
May/27/2010 - Act 506
May/27/2010 - Senate Date Signed by Governor
May/13/2010 - Senate Sent to Governor
Apr/29/2010 - House Agreed Senate Amend or Sub
Apr/20/2010 - Senate Agreed House Amend or Sub As Amended
Feb/16/2010 - House Passed/Adopted By Substitute
Feb/16/2010 - House Third Readers
Jan/27/2010 - House Committee Favorably Reported By Substitute
Mar/09/2009 - House Second Readers
Mar/05/2009 - House First Readers
Mar/04/2009 - Senate Passed/Adopted By Substitute
Mar/04/2009 - Senate Third Read
Mar/03/2009 - Senate Read Second Time
Feb/26/2009 - Senate Committee Favorably Reported By Substitute
Feb/10/2009 - Senate Read and Referred
Feb/06/2009 - Senate Hopper
2/16/2010 Modified Structured Rule; 4/20/2010 Senate agreed to House substitute as amended; 4/29/2010 House agrees to the Senate Amendment to the House Substitute
Apr/29/2010 - House Vote #1028Yea(154)Nay(3)NV(15)
Apr/20/2010 - Senate Vote #753Yea(48)Nay(0)NV(4)
Feb/16/2010 - House Vote #578Yea(162)Nay(2)NV(9)
Mar/04/2009 - Senate Vote #114Yea(47)Nay(1)NV(6)
Past Versions