Georgia § 53-12-390 - Payment of interest on pecuniary amount.
Full text of Georgia Official Code of Georgia Annotated § 53-12-390 — Payment of interest on pecuniary amount., with citation guidance and answers to common questions.
§ 53-12-390. Payment of interest on pecuniary amount.
If a beneficiary is to receive a pecuniary amount outright from a trust after an income interest ends, and no interest is provided for by the terms of the trust, the pecuniary amount usually bears interest at the legal rate after the expiration of 12 months from the date the income interest terminates. The general rule in subsection (a) of this Code section shall be subservient to the equity and necessity of a particular case. (Code 1981, § 53-12-390 , enacted by Ga. L. 2010, p. 579, § 1/SB 131.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 53-12-390
What does Official Code of Georgia Annotated § 53-12-390 cover?
Section 53-12-390 ("Payment of interest on pecuniary amount.") 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 § 53-12-390?
A common citation format is "Official Code of Georgia Annotated § 53-12-390" (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 § 53-12-390 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.