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.
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.
- (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.#
- (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.#
- (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.#
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.