Notwithstanding the breadth of discretion granted to a trustee in the
trust instrument, including the use of such terms as “absolute,
29 6
sole,”
or “uncontrolled,” the trustee shall exercise a discretionary power in
good faith.
Discretionary powers
— Code 1981, § 53-12-260, enacted by Ga
Notwithstanding the breadth of discretion granted to a trustee in the
trust instrument, including the use of such terms as “absolute,
29 6
sole,”
or “uncontrolled,” the trustee shall exercise a discretionary power in
good faith.
Current official text: Official Code of Georgia Annotated (LexisNexis). Digitized from the Internet Archive scan of the OCGA. Reproduced from public-domain Georgia statutes; confirm against the official source for the current text. Not legal advice.