Official Code of Georgia Annotated

Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Chapter 12. TRUSTS · Article 13. TRUSTEES’ DUTIES AND POWERS · Part 1. DUTIES OF TRUSTEE

53-12-244. Duty to distribute income.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

A trustee shall distribute all net income derived from the trust at least annually.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1981, § 53-12-244, enacted by Ga. L. 2010, p. 579, § 1/SB 131.

For article, ‘‘The Scope of Permissible Investments by Fiduciaries Under Georgia Law,’’ see 19 Ga. St. B.J. 6 (1982).

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)-2021-pdf.pdf, Volume V40, 2021 edition, page 885; merge action: carried; file SHA-256 062775612dfc.