Formal and precatory words
— Code 1981, § 53-12-21, enacted by Ga
(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.
Current official text: Official Code of Georgia Annotated (LexisNexis). Digitized from the Internet Archive scan of the OCGA. Reproduced from public-domain Georgia statutes; confirm against the official source for the current text. Not legal advice.