Official Code of Georgia Annotated

Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Chapter 12. TRUSTS · Article 14. TRUSTEE LIABILITY

53-12-300. Accountable to beneficiary; breach of trust.

Active

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

The trustee shall be accountable to the beneficiary for the trust property. A violation by the trustee of any duty that the trustee owes the beneficiary shall be a breach of trust.

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, § 53-12-300, enacted by Ga. L. 2010, p. 579, § 1/SB 131.

Registration of securities generally, § 10-5-20 et seq.

For article, ‘‘The Georgia Trust Act,’’ 28 Ga. St. B.J. 95 (1991).

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 908; merge action: carried; file SHA-256 062775612dfc.