O.C.G.A. § 53-12-7
When trust and chapter conflict
Redline — December 1, 2018 → current.View current text →
Current — December 1, 2020
As of December 1, 2018
(1) The effect of the provisions of this chapter may be varied by the trust instrument except: As to any requirements relating to the creation and validity of express trusts as provided in Article 2 of this chapter;
(1) The effect of the provisions of this chapter may be varied by the trust instrument except: As to any requirements relating to the creation and validity of express trusts as provided in Article 2 of this chapter;
(2) As to the effect of the rules relating to spendthrift trusts as provided in Article 5 of this chapter;
(2) As to the effect of the rules relating to spendthrift trusts as provided in Article 5 of this chapter;
(3) As to the power of the beneficiaries to modify a trustee's compensation as provided in Code Section 53-12-210;
(3) As to the power of the beneficiaries to modify a trustee's compensation as provided in Code Section 53-12-210;
(4) As to the duty of a trustee to administer the trust and to exercise discretionary powers in good faith as provided in Code Sections 53-12-240 and 53-12-260;
(4) As to the duty of a trustee to administer the trust and to exercise discretionary powers in good faith as provided in Code Sections 53-12-240 and 53-12-260;
(5) As to the effect of a provision relieving a trustee from liability as provided in Code Section 53-12-303; and
(5) As to the effect of a provision relieving a trustee from liability as provided in Code Section 53-12-303;
(6) As to the periods of limitation on actions as provided in Code Sections 53-12-45 and 53-12-307.
(6) As to the periods of limitation on actions as provided in Code Sections 53-12-45 and 53-12-307; and
(7) As to the effect of the rules relating to trust directors as provided in Article 18 of this chapter.
(8) Nothing in a trust instrument shall prohibit or limit a court from taking any actions authorized by the provisions of this chapter.
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.