A trust instrument may relieve a cotrustee from duty and liability with respect to another cotrustee’s exercise or nonexercise of a power of the other cotrustee to the same extent that a directed trustee is relieved from duty and liability with respect to a trust director’s power of direction under this article.
History. Code 1981, § 53-12-505 , enacted by Ga. L. 2018, p. 262, § 25/HB 121.
Structure Georgia Code
Title 53 - Wills, Trusts, and Administration of Estates
§ 53-12-501. Application of Article; Construction of Trust Instrument
§ 53-12-502. Authority, Procedures, and Powers of Trust Directors
§ 53-12-503. Role of Directors; Petitioning Court for Instructions