History. Code 1981, § 53-12-242 , enacted by Ga. L. 2010, p. 579, § 1/SB 131; Ga. L. 2018, p. 262, § 18/HB 121.
Code Commission notes.
Pursuant to Code Section 28-9-5, in 2010, “in existence on July 1, 2010,” was substituted for “in existence on the effective date of this part” in subsection (b).
Law reviews.
For article on the 2018 amendment of this Code section, see 35 Ga. St. U. L. Rev. 219 (2018).
For article with annual survey on wills, trusts, guardianships, and fiduciary administration, see 73 Mercer L. Rev. 281 (2021).
Structure Georgia Code
Title 53 - Wills, Trusts, and Administration of Estates
Article 13 - Trustees’ Duties and Powers
§ 53-12-241. Duty of Prudent Administration
§ 53-12-242. Duty to Inform as to Existence of Trust
§ 53-12-243. Duty to Provide Reports and Accounts
§ 53-12-244. Duty to Distribute Income
§ 53-12-245. No Duty to Investigate Resources