(a) 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. 867 53-12-241 WILLS, TRUSTS, AND ESTATES 53-12-242 (b) A trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in Article 16 of this chapter. History. — Code 1981, § 53-12-241, enacted by Ga. L. 2010, p. 579, § 1/SB 131; Ga. L. 2020, p. 377, § 1-82/HB 865. The 2020 amendment, effective Janu- ary 1, 2021, designated the previously existing provisions as subsection (a) and added subsection (b).
Duty of prudent administration
O.C.G.A. § 53-12-241 — under Title 53.
O.C.G.A. § 53-12-241