Georgia § 53-12-240 - Duties generally.
Full text of Georgia Official Code of Georgia Annotated § 53-12-240 — Duties generally., with citation guidance and answers to common questions.
§ 53-12-240. Duties generally.
The duties contained in this part are in addition to and not in limitation of the common law duties of the trustee, except to the extent inconsistent therewith. Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its provisions and purposes. (Code 1981, § 53-12-240 , enacted by Ga. L. 2010, p. 579, § 1/SB 131.) Law reviews. - For article, "The Scope of Permissible Investments by Fiduciaries Under Georgia Law," see 19 Ga. St. B.J. 6 (1982).
Frequently Asked Questions About Georgia § 53-12-240
What does Official Code of Georgia Annotated § 53-12-240 cover?
Section 53-12-240 ("Duties generally.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 53-12-240?
A common citation format is "Official Code of Georgia Annotated § 53-12-240" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 53-12-240 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.