--- title: O.C.G.A. § 7-1-312. Nonfiduciary investments. collection: code id: 7-1-312 cite_as: O.C.G.A. § 7-1-312 (2025) canonical_url: https://georgiacommons.org/code/7-1-312 md_url: https://georgiacommons.org/code/7-1-312.md text_url: https://georgiacommons.org/code/7-1-312/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t7-t8-(v5)-2024-pdf.pdf?sfvrsn=6386add7_0#page=190 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/7-1.md previous: https://georgiacommons.org/code/7-1-311.md next: https://georgiacommons.org/code/7-1-313.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: BANKING AND FINANCE / FINANCIAL INSTITUTIONS / BANKS AND TRUST COMPANIES / POWERS OF TRUST COMPANIES --- # O.C.G.A. § 7-1-312. Nonfiduciary investments. A trust company which is not a bank may, apart from its fiduciary activities, invest in stock and investment securities, except that it may not acquire or hold its own stock otherwise than pursuant to paragraphs (8) and (9) of Code Section 7-1-261. ## History Code 1933, § 41A-1403, enacted by Ga. L. 1974, p. 705, § 1.