Georgia Code
Article 18 - Trust Directors
§ 53-12-506. Statutory Provisions Applicable to Trust Directors; Defenses Available to Trust Directors; Personal Jurisdiction; Term “Trustee” Includes Trust Director Where Required or Permitted

History. Code 1981, § 53-12-506 , enacted by Ga. L. 2018, p. 262, § 25/HB 121; Ga. L. 2020, p. 377, § 1-92/HB 865.
The 2020 amendment, effective January 1, 2021, added subsections (a) and (e) and redesignated former subsections (a) through (c) as present subsections (b) through (d); in subsection (b), in the introductory language, substituted “The” for “Except as otherwise provided in the trust instrument, the” and deleted “shall” following “trustee”, rewrote paragraph (b)(1), which formerly read: “Appointment and vacancies under Code Section 53-12-201”, rewrote paragraph (b)(2), which formerly read: “Acceptance under Code Section 53-12-202”, rewrote paragraph (b)(3), which formerly read: “Giving of a bond under Code Section 53-12-203”, rewrote paragraph (b)(4), which formerly read: “Co-trustees under Code Section 53-12-204”, and deleted former paragraphs (b)(5) through (b)(8), which formerly read: “(5) Compensation and reimbursement of expenses under Code Sections 53-12-210 through 53-12-214; (6) Resignation under Code Section 53-12-220; (7) Removal under Code Section 53-12-221; and (8) Service under Code Section 53-12-320”.
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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