(a) An individual shall be eligible to serve as a trust director regardless of citizenship or residency. If the trust director is a corporation, partnership, or other entity, it shall be required to have the power to act as a trustee in Georgia.

(b) The rules applicable to a trustee apply to a trust director regarding:

(1) Jurisdiction under Code Section 53-12-6;

(2) All matters governed by Article 11 of this chapter, including, but not limited to, appointment and acceptance, compensation, and resignation and removal; and

(3) Accounting under Article 12 of this chapter.