GEORGIA CODE (Last Updated: August 20, 2013) |
Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES |
Chapter 12. TRUSTS |
Article 14. TRUSTEE LIABILITY |
Section 53-12-308. Personal liability of trustee
Latest version.
- (a) A trustee shall not be personally liable on any warranty made in any conveyance unless the intention to create a personal liability is distinctly expressed.
(b) Unless otherwise provided in the contract, a trustee shall not be personally liable on contracts properly entered into in the trustee's fiduciary capacity unless the trustee fails to reveal the trustee's representative capacity in the contract.
(c) A judgment rendered in an action brought against the trust shall impose no personal liability on the trustee or the beneficiary.
Code 1981, § 53-12-308, enacted by Ga. L. 2010, p. 579, § 1/SB 131.