Georgia Code, Title 53, Chapter 12, Article 8 - Creation by Deed to Acquire Beneficial Interest
- § 53-12-150 - Definitions
As used in this article, the term: (1) "Deed" means and includes any written agreement, declaration of trust, or other instrument which creates a...
- § 53-12-151 - Deeds to Interests in Property
The owners of property located in this state or persons desiring to acquire beneficial ownership of such property may create by deed an estate...
- § 53-12-152 - Filing of Deeds and Amendments Thereto; Filing of Copies With Secretary of State
(a) The deed creating a trust estate as provided in Code Section 53-12-151 shall, within 30 days of the execution thereof, be filed by...
- § 53-12-153 - Name of Trust
If the deed creating a trust estate under Code Section 53-12-151 so provides, the trustee may conduct and transact the affairs of the trust...
- § 53-12-154 - Certificates of Beneficial Interest by Trustees
When an estate is created pursuant to Code Section 53-12-151 and from time to time thereafter, the trustee shall issue such certificates of beneficial...
- § 53-12-155 - Duties and Powers of Trustees; Resignation or Removal; Successor Trustees
The trustee of a trust created under Code Section 53-12-151 shall have sole and exclusive management and control of the property, in accordance with...
- § 53-12-156 - Investments by Trustees
In addition to investments in any property, the trustee of a trust created under Code Section 53-12-151 may invest any funds of the trust...
- § 53-12-157 - Initial and Annual Returns
Each trust created pursuant to this article shall make a return to the Secretary of State, upon the creation of the trust and annually...
- § 53-12-158 - How Title Vests on Termination of Estate
Upon the termination of the estate created under Code Section 53-12-151, the legal title to all the property belonging to the estate which is...
- § 53-12-159 - Merger of Trust Into a Domestic Corporation
(a) Any trust created pursuant to this article may be merged into a domestic corporation for profit organized under the laws of this state...
Last modified: October 14, 2016