Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets in order to bring the trust portfolio into compliance with the purposes, provisions, distributions requirements, and other circumstances of the trust and with the requirements of this article.
History. Code 1981, § 53-12-342 , enacted by Ga. L. 2010, p. 579, § 1/SB 131.
Structure Georgia Code
Title 53 - Wills, Trusts, and Administration of Estates
Article 16 - Trust Investments
Part 1 - Investments Generally
§ 53-12-340. Investment Standard
§ 53-12-341. Concentrated Holdings and Diversification
§ 53-12-342. Duties at Inception of Trusteeship
§ 53-12-343. Reviewing Compliance