HB 497 Georgia House · 2019-2020 Regular Session

Trusts; qualified self-settled spendthrift trusts; establish

Summary

A BILL to be entitled an Act to amend Chapter 12 of Title 53 of the O.C.G.A., relating to trusts, so as to establish qualified self-settled spendthrift trusts; to amend Part 4 of Article 9 of Title 11 of the O.C.G.A., relating to rights of third parties to secured transactions, so as to exclude qualified self-settled spendthrift trusts from restrictions on assignment; to provide for related matters; to repeal conflicting laws; and for other purposes.

Bill status introduced 1 of 4 stages cleared

Introduction

Feb 2019

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Governor

Introduced Feb 26, 2019 Last action Feb 28, 2019

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4 primary · 0 co-sponsors