- § 53-12-200 - Capacity of Trustee
A trustee shall have legal capacity under Georgia law to acquire, hold, and transfer title to property. An individual shall be eligible to serve...
- § 53-12-201 - Appointment and Vacancies
(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...
- § 53-12-202 - Acceptance
(a) The acceptance of a trust shall be necessary to constitute a person as trustee. Acceptance may be effected by acts as well as...
- § 53-12-203 - Trustee's Bond
(a) A trustee shall not be required to give a bond to secure performance of the trustee's duties unless: (1) The trust instrument requires...
- § 53-12-204 - Cotrustees Generally
The authority of cotrustees to act on behalf of the trust shall be as follows: (1) A power vested in two or more trustees...
Last modified: October 14, 2016