Georgia § 53-12-302 - Damages for breach of trust; interest.
Full text of Georgia Official Code of Georgia Annotated § 53-12-302 — Damages for breach of trust; interest., with citation guidance and answers to common questions.
§ 53-12-302. Damages for breach of trust; interest.
A trustee who commits a breach of trust shall be personally chargeable with any damages resulting from such breach of trust, including, but not limited to: Any loss or depreciation in value of the trust property as a result of such breach of trust, with interest; Any profit made by the trustee through such breach of trust, with interest; Any amount that would reasonably have accrued to the trust or beneficiary if there had been no breach of trust, with interest; and In the discretion of the court, expenses of litigation, including reasonable attorney's fees incurred in bringing an action on such breach or threat to commit such breach. If the trustee is liable for interest, then the amount of the liability for interest shall be the greater of: The amount of interest that accrues at the legal rate on judgments; or The amount of interest actually received. (Code 1981, § 53-12-302 , enacted by Ga. L. 2010, p. 579, § 1/SB 131.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 53-12-302
What does Official Code of Georgia Annotated § 53-12-302 cover?
Section 53-12-302 ("Damages for breach of trust; interest.") 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 § 53-12-302?
A common citation format is "Official Code of Georgia Annotated § 53-12-302" (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 § 53-12-302 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.