GroundRules
18 GCA § 66205: Interest on Trust Moneys, Omission to Invest.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 2 - Commercial and Business Obligations
- Part 8 - Trusts
- Chapter 66: Trusts for the Benefit of Third Persons
- ARTICLE 2: OBLIGATIONS OF TRUSTEES
If a trustee omits to invest the trust moneys according to the last section, he must pay simple interest thereon, if such omission is negligent merely, and compound interest if it is willful.
Collected 2026-09-27T03:59:58Z. Source file · JSON