Section 53-12-241. Duty of prudent administration

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In administering a trust, the trustee shall exercise the judgment and care of a prudent person acting in a like capacity and familiar with such matters, considering the purposes, provisions, distribution requirements, and other circumstances of the trust.

Code 1981, § 53-12-241, enacted by Ga. L. 2010, p. 579, § 1/SB 131.

                    
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