Título 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Capítulo 12. TRUSTS · Artículo 11. TRUSTEES · Parte 1. APPOINTMENT AND ACCEPTANCE
53-12-201. Appointment and vacancies.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
- (a)
A settlor may appoint trustees or grant that power to others, including trust beneficiaries.#
- (b)
A trust shall never fail for want of a trustee.#
- (c)
A vacancy in a trusteeship occurs if:#
- (1)
A person designated as trustee rejects the trusteeship;#
- (2)
A person designated as trustee cannot be identified, cannot be located, or does not exist;#
- (3)
A guardian or conservator is appointed for an individual serving as trustee;#
- (4)
A trustee is disqualified or removed;#
- (5)
A trustee resigns or dies; or#
- (6)
For any other reason there is no person currently serving as trustee of a trust.#
- (d)
Unless otherwise provided in the trust instrument, if one or more cotrustees remain in office, a vacancy need not be filled.#
- (e)
A vacancy in a trusteeship that is required to be filled shall be filled, in the following order of priority, by a person:#
- (f)
Regardless of whether a vacancy in a trusteeship exists or is required to be filled, the court may, on petition of an interested person, appoint an additional trustee or special fiduciary whenever the court considers the appointment consistent with the intention of the settlor and the interests of the beneficiaries, or otherwise necessary for the administration of the trust.#
- (g)
A petition provided for in this Code section shall be served upon all qualified beneficiaries.#
- (h)
A trustee appointed as a successor trustee shall have all the authority of the original trustee.#
History
Code 1981, § 53-12-201, enacted by Ga. L. 2010, p. 579, § 1/SB 131; Ga. L. 2011, p. 551, § 10/SB 134; Ga. L. 2018, p. 262, § 14/HB 121; Ga. L. 2025, p. 806, § 79/HB 327, effective July 1, 2025.
Amendments
The 2025 amendment, effective July 1, 2025, rewrote this Code section.
Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t52-t53-(v40)-pdf.pdf, Volumen V40, edición 2021, suplemento de 2025, páginas 107 a 108; acción de fusión: replaced; SHA-256 del archivo d9d2be0e71ce.