No trust shall be invalid or terminated and no merger of title to trust property shall occur merely because the trustee or trustees are the same person or persons as the beneficiary or beneficiaries of the trust.
History. Code 1981, § 53-12-24 , enacted by Ga. L. 2010, p. 579, § 1/SB 131.
Structure Georgia Code
Title 53 - Wills, Trusts, and Administration of Estates
Article 2 - Creation and Validity of Express Trusts
§ 53-12-21. Formal and Precatory Words
§ 53-12-22. Trust Purposes and Conditions in Terrorem
§ 53-12-23. Capacity of Settlor
§ 53-12-25. Transfer of Property in Trust
§ 53-12-26. Additions to Trust Property