Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Chapter 12. TRUSTS · Article 11. TRUSTEES · Part 1. APPOINTMENT AND ACCEPTANCE
53-12-200. Capacity of trustee.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
A trustee shall have legal capacity under Georgia law to acquire, hold, and transfer title to property. An individual shall be eligible to serve as a trustee regardless of citizenship or residency. If the trustee is a corporation, partnership, or other entity, it shall be required to have the power to act as a trustee in Georgia pursuant to Code Section 7-1-242, Article 15 of this chapter, or other applicable law.
History
Code 1981, § 53-12-200, enacted by Ga. L. 2010, p. 579, § 1/SB 131; Ga. L. 2025, p. 806, § 78/HB 327, effective July 1, 2025.
Amendments
The 2025 amendment, effective July 1, 2025, added “pursuant to Code Section 7-1-242, Article 15 of this chapter, or other applicable law” in the last sentence.
Read the official page (the state's PDF, opened at the page this text was read from).
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t52-t53-(v40)-pdf.pdf, Volume V40, 2021 edition, 2025 supplement, pages 106 to 107; merge action: replaced; file SHA-256 d9d2be0e71ce.
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