--- title: O.C.G.A. § 53-12-156. Investments by trustees. collection: code id: 53-12-156 cite_as: O.C.G.A. § 53-12-156 (2025) canonical_url: https://georgiacommons.org/code/53-12-156 md_url: https://georgiacommons.org/code/53-12-156.md text_url: https://georgiacommons.org/code/53-12-156/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t52-t53-(v40)-2021-pdf.pdf?sfvrsn=d23ba203_0#page=841 date: 2025 status: active corpus_version: 2025-supplement-89aa39ab3c68 license: CC0-1.0 publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice. up: https://georgiacommons.org/code/53-12.md previous: https://georgiacommons.org/code/53-12-155.md next: https://georgiacommons.org/code/53-12-157.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Regular Session of the General Assembly heading_path: WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES / TRUSTS / CREATION BY DEED TO ACQUIRE BENEFICIAL INTEREST --- # O.C.G.A. § 53-12-156. Investments by trustees. In addition to investments in any property, the trustee of a trust created under Code Section 53-12-151 may invest any funds of the trust estate in investments authorized by trustees under the laws of this state; provided, however, that the deed creating the estate may further limit or expand the powers and authority of the trustee with respect to investments, including the power to invest in property located outside this state. The trustee shall be authorized and empowered, in accordance with the terms of the deed creating the estate, from corpus or from income or from both, to repurchase or redeem any issued and outstanding certificates of beneficial interest. ## History Code 1981, § 53-12-156, enacted by Ga. L. 2010, p. 579, § 1/SB 131.