Stocks or bonds, either listed or admitted to unlisted trading privileges upon any stock exchange or quoted regularly in any newspaper having a general circulation in Georgia, may be sold at private sale without order from or report to the probate court at a sales price not less than the stock exchange bid price or the published bid price at the time of sale. Reasonable brokerage commissions, not in excess of those customarily charged by stock exchange members, may be paid.
History. Code 1981, § 53-8-12 , enacted by Ga. L. 1996, p. 504, § 10.
Structure Georgia Code
Title 53 - Wills, Trusts, and Administration of Estates
Chapter 8 - Investments, Sales, and Conveyances
Article 2 - Sales and Conveyances
§ 53-8-10. Authority of Personal Representative; Petition by Temporary Administrator
§ 53-8-11. Property That Is Perishable, Liable to Deteriorate, or Expensive to Keep
§ 53-8-14. Warranty; Personal Liability of Personal Representative
§ 53-8-15. Passage of Title to Heirs or Beneficiaries; Assent of Personal Representative