GroundRules
O.C.G.A. § 53-12-241: Duty of prudent administration.
Where this section sits in the code
- TITLE 53 Wills, Trusts, and Administration of Estates
- CHAPTER 12 Trusts
- Article 13 Trustees’ Duties and Powers
- PART 1 Duties of Trustee
(a) In administering a trust, the trustee shall exercise the judgment and care of a prudent person acting in a like capacity and familiar with such matters, considering the purposes, provisions, distribution requirements, and other circumstances of the trust.
(b) A trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in Article 16 of this chapter.
Collected 2026-09-17T19:34:58Z. Source file · JSON