A conservator is authorized to invest estate funds in the following and shall not otherwise be liable for such investment, except in the case of gross neglect:
History. Code 1981, § 29-5-32 , enacted by Ga. L. 2004, p. 161, § 1; Ga. L. 2010, p. 579, § 15/SB 131; Ga. L. 2013, p. 141, § 29/HB 79; Ga. L. 2014, p. 866, § 29/SB 340.
Law reviews.
For note discussing and comparing the prudent man rule and the legal list rule in trustee investment, see 15 Mercer L. Rev. 530 (1964).
For article, “The Scope of Permissible Investments by Fiduciaries Under Georgia Law,” see 19 Ga. St. B.J. 6 (1982).
Structure Georgia Code
Chapter 5 - Conservators of Adults
Article 4 - Protection of Property Interests
§ 29-5-30. Inventory and Plan for Handling Ward’s Property
§ 29-5-31. Retention of Property; Exchange or Conversion of Stocks or Securities
§ 29-5-32. Investment of Estate Funds by Conservator