• § 53-12-260 - Discretionary Powers
  Notwithstanding the breadth of discretion granted to a trustee in the trust instrument, including the use of such terms as "absolute," "sole," or "uncontrolled,"...
• § 53-12-261 - Powers of Trustees
  (a) As used in this Code section, the term "fiduciary" means the one or more personal representatives of the estate of a decedent or...
• § 53-12-262 - Powers of Corporate Fiduciaries
  A corporate fiduciary, without authorization by the court, may exercise the power: (1) To retain stock or other securities of its own issue received...
• § 53-12-263 - Incorporation of Powers by Reference
  (a) By an expressed intention of the testator or settlor contained in a will or in a trust instrument in writing whereby an express...
• § 53-12-264 - Granting of Powers by Qualified Beneficiaries
  The qualified beneficiaries of a trust that omits any of the powers in Code Section 53-12-261 may by unanimous consent authorize but not require...

Last modified: October 14, 2016