A trustee shall distribute all net income derived from the trust at least annually.
History. Code 1981, § 53-12-244 , enacted by Ga. L. 2010, p. 579, § 1/SB 131.
Law reviews.
For article, “The Scope of Permissible Investments by Fiduciaries Under Georgia Law,” see 19 Ga. St. B.J. 6 (1982).
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