Ga. Code § 53-12-211

Current through 2023-2024 Legislative Session Chapter 709
Section 53-12-211 - Compensation of cotrustees and successor trustees

Unless any separate written agreement provides otherwise:

(1) Each cotrustee shall be compensated as specified by the terms of the trust, as each trustee may have agreed or in accordance with a published fee schedule, and such compensation among cotrustees shall not be apportioned unless they shall agree otherwise; and
(2) The annual fee paid pursuant to subparagraph (c)(2)(B) of Code Section 53-12-210 shall be apportioned among trustees and successor trustees according to the proportion of time each rendered services during the year.

OCGA § 53-12-211

Amended by 2011 Ga. Laws 181,§ 11, eff. 5/12/2011.
Added by 2010 Ga. Laws 506,§ 1, eff. 7/1/2010.