Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor’s manifested plan of distribution and is within the number of years allowed by paragraph (2) of subsection (a), (b), or (c) of Code Section 44-6-201 if:
History. Code 1981, § 44-6-203 , enacted by Ga. L. 1990, p. 1837, § 2; Ga. L. 2018, p. 262, § 2/HB 121.
The 2018 amendment, effective July 1, 2018, substituted “number of years allowed by paragraph (2) of subsection (a), (b), or (c)” for “90 years allowed by paragraph (2) of subsection (a), paragraph (2) of subsection (b), or paragraph (2) of subsection (c)” in the middle of the introductory paragraph; and substituted “360 years” for “90 years” in paragraph (3).
Law reviews.
For article on the 2018 amendment of this Code section, see 35 Ga. St. U. L. Rev. 219 (2018).
Structure Georgia Code
Article 9 - Uniform Statutory Rule Against Perpetuities
§ 44-6-201. Validity of Nonvested Property Interest or Power of Appointment
§ 44-6-202. Time of Creation of Nonvested Property Interest or Power of Appointment
§ 44-6-203. Reform of Disposition by Court to Approximate Transferor’s Plan of Distribution