Ga. Code § 53-12-247

Current through 2023-2024 Legislative Session Chapter 709
Section 53-12-247 - Duty of impartiality

Except to the extent that the governing trust instrument clearly manifests an intention that the trustee shall or may favor one or more of the beneficiaries, a trustee shall administer a trust impartially based on what is fair and reasonable to all of the beneficiaries and with due regard to the respective interests of income beneficiaries and remainder beneficiaries.

OCGA § 53-12-247

Added by 2010 Ga. Laws 506,§ 1, eff. 7/1/2010.