The paper presents a summary of the history of development of legislation in the field of geodiversity in Serbia. An important segment of this theme is the relationship of man to the protection of water and its phenomena - hydrological diversity and hydrological heritage. Although the historical development of nature protection as complex, socially significant, professional and scientific field is relatively long and in a sense shows the constant progress, the fact is that today's legislation in this sphere unreasonably delays for the reality and needs, and this is especially noticeable when comes to protection of geodiversity and water phenomena - hydrological heritage. This paper, through the attempt of the representation of development of a broad field of the geodiversity and hydrological heritage protection in the light of its legal and institutional introduction into social frameworks, in particular points to the existing problems that are reflected in the current regulation - the Nature Protection Act.