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Georgia Commons

Código Oficial de Georgia Anotado

Título 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Capítulo 12. TRUSTS · Artículo 18. TRUST DIRECTORS

53-12-506. Eligibility; applicable rules.

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)

    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.#

  2. (b)

    The rules applicable to a trustee apply to a trust director regarding:#

    1. (1)

      Jurisdiction under Code Section 53-12-6;#

    2. (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. (3)

      Accounting under Article 12 of this chapter.#

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, § 53-12-506, enacted by Ga. L. 2018, p. 262, § 25/HB 121; Ga. L. 2020, p. 377, § 1-92/HB 865; Ga. L. 2025, p. 806, § 95/HB 327, effective July 1, 2025.

Amendments

The 2025 amendment, effective July 1, 2025, rewrote this Code section.

Law reviews

For article with annual survey on wills, trusts, guardianships, and fiduciary administration, see 73 Mercer L. Rev. 281 (2021).

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 134 a 135; acción de fusión: replaced; SHA-256 del archivo d9d2be0e71ce.