Georgia Code § 53-12-308 - Personal Liability of Trustee

(a) A trustee shall not be personally liable on any warranty made in any conveyance unless the intention to create a personal liability is distinctly expressed.

(b) Unless otherwise provided in the contract, a trustee shall not be personally liable on contracts properly entered into in the trustee's fiduciary capacity unless the trustee fails to reveal the trustee's representative capacity in the contract.

(c) A judgment rendered in an action brought against the trust shall impose no personal liability on the trustee or the beneficiary.

Section: Previous  53-12-300  53-12-301  53-12-302  53-12-303  53-12-304  53-12-305  53-12-306  53-12-307  53-12-308  

Last modified: October 14, 2016