Georgia Code
Article 18 - Trust Directors
§ 53-12-503. Role of Directors; Petitioning Court for Instructions

History. Code 1981, § 53-12-503 , enacted by Ga. L. 2018, p. 262, § 25/HB 121; Ga. L. 2020, p. 377, § 1-90/HB 865.
The 2020 amendment, effective January 1, 2021, in subsection (a), substituted “article” for “Code section”, substituted “, a” for “: (1) A”, deleted “; and”, and deleted paragraph (a)(2) which read: “The trust instrument may vary the trust director’s duty or liability to the same extent the trust instrument could vary the duty or liability of a trustee in a like position and under similar circumstances”; added subsections (b), (c), and (d) and redesignated former subsections (b) through (i) as present subsections (e) through (l); in subsection (e), deleted “, but not limited to,” following “included” and added the last two sentences; added the last sentence in subsection (f); substituted “subsection (j)” for “subsection (g)” in subsection (g); substituted “the trust director acts in bad faith” for “by so acting the trust director engages in willful misconduct” in subsection (h); substituted “does” for “shall” in paragraph (j)(2); and added subsection (m).
Law reviews.
For article with annual survey on wills, trusts, guardianships, and fiduciary administration, see 73 Mercer L. Rev. 281 (2021).

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