The trustee shall be accountable to the beneficiary for the trust property. A violation by the trustee of any duty that the trustee owes the beneficiary shall be a breach of trust.
History. Code 1981, § 53-12-300 , enacted by Ga. L. 2010, p. 579, § 1/SB 131.
Cross references.
Registration of securities generally, § 10-5-20 et seq.
Law reviews.
For article, “The Georgia Trust Act,” 28 Ga. St. B.J. 95 (1991).
Structure Georgia Code
Title 53 - Wills, Trusts, and Administration of Estates
Article 14 - Trustee Liability
§ 53-12-300. Accountable to Beneficiary; Breach of Trust
§ 53-12-301. Actions for Breach of Trust
§ 53-12-302. Damages for Breach of Trust; Interest
§ 53-12-303. Relief of Liability
§ 53-12-304. Liability of Successor Trustee
§ 53-12-305. Liability of Cotrustee
§ 53-12-306. Action Against Cotrustee