Georgia Statutes

§ 53-12-83 — Creditors' claims against property that is subject to withdrawal right

Georgia § 53-12-83

This text of Georgia § 53-12-83 (Creditors' claims against property that is subject to withdrawal right) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O.C.G.A. § 53-12-83 (2026).

Text

The holder of a power of withdrawal, during the period that the power may be exercised, shall be treated in the same manner as the settlor of a revocable trust to the extent of the property subject to the power. The lapse, release, or waiver of a power of withdrawal shall not cause the holder to be treated as a settlor of the trust.

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Legislative History

Added by 2010 Ga. Laws 506,§ 1, eff. 7/1/2010.

Nearby Sections

15
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Bluebook (online)
Georgia § 53-12-83, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/53-12-83.