Stocks or bonds

O.C.G.A. § 53-8-12 — under Title 53.

O.C.G.A. § 53-8-12

Stocks or bonds, either listed or admitted to unlisted trading privileges upon any stock exchange or quoted regularly in any newspaper having a general circulation in Georgia, may be sold at private sale without order from or report to the probate court at a sales price not less than the stock exchange bid price or the published bid price at the time of sale. Reasonable brokerage commissions, not in excess of those customarily charged by stock exchange members, may be paid. History. — Code 1981, § 53-8-12, enacted by Ga. L. 1996, p. 504, § 10. COMMENT This section replaces former OCGA Sec. 53-8-37 with provisions that authorize the sale of listed stocks or bonds without the need to petition for approval to the probate court. The provisions of former OCGA Sec. 53-8-37 now appear in Article 2 of Title 29 (Guardian and Ward).