(A) May compromise the claim; or
(B) May receive payment of and shall thereafter hold and use the settlement for the benefit of the minor and shall be accountable for the same as provided in Code Section 29-3-1.
History. Code 1981, § 29-3-3 , enacted by Ga. L. 2004, p. 161, § 1; Ga. L. 2006, p. 805, § 5/SB 534; Ga. L. 2008, p. 715, § 6/SB 508; Ga. L. 2022, p. 207, § 3/HB 620.
The 2022 amendment, effective May 2, 2022, rewrote this Code section.
Law reviews.
For annual survey of wills, trusts, and administration of estates, see 42 Mercer L. Rev. 491 (1990).
For article, “Wills, Trusts & Administration of Estates,” see 53 Mercer L. Rev. 499 (2001).
Structure Georgia Code
Chapter 3 - Conservators of Minors
§ 29-3-2. Release of Debtor When Collection Doubtful
§ 29-3-3. Definitions; Compromise of Claim; Settlement
§ 29-3-4. Disqualifications of Conservator
§ 29-3-6. Power to Appoint Conservator
§ 29-3-8. Petition for Appointment of Conservator for Minor; Requirements of Petition; Notice
§ 29-3-10. Requirements of Order Granting Conservatorship; Required Filing of Certificate