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Código Oficial de Georgia Anotado

Título 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Capítulo 12. TRUSTS · Artículo 11. TRUSTEES · Parte 3. RESIGNATION AND REMOVAL

53-12-220. Resignation of trustee.

Vigente

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.

  1. (a)

    A trustee may resign:#

    1. (1)

      In the manner and under the circumstances described in the trust instrument;#

    2. (2)

      Upon at least 30 days’ written notice to the qualified beneficiaries, the settlor, if living, and all cotrustees; or#

    3. (3)

      Upon a trustee’s petition to the court.#

  2. (b)

    The petition to the court provided for in paragraph (3) of subsection (a) of this Code section shall be served upon all qualified beneficiaries. In approving a trustee’s resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.#

  3. (c)

    The resignation of a trustee shall not relieve such trustee from liability for any actions prior to the resignation except to the extent such trustee is relieved by the court in the appropriate proceeding or to the extent relieved by the trust instrument.#

  4. (d)

    If the resignation would create a vacancy required to be filled, then the trustee’s resignation shall not be effective until the successor trustee accepts the trust and the resigning trustee shall remain liable for any actions until such acceptance, except as such liability may be limited by court order or the trust instrument.#

Las notas siguientes se imprimen con la sección, pero no son ley promulgada (O.C.G.A. § 1-1-1(c)). Se muestran aparte del texto.

History

Code 1981, § 53-12-220, enacted by Ga. L. 2010, p. 579, § 1/SB 131; Ga. L. 2018, p. 262, § 17/HB 121.

Law reviews

For article on the 2018 amendment of this Code section, see 35 Ga. St. U. L. Rev. 219 (2018).

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)-2021-pdf.pdf, Volumen V40, edición 2021, página 875; acción de fusión: carried; SHA-256 del archivo 062775612dfc.