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13 chapters · 484 sections in this title.
O.C.G.A. § 53-8-1 Authorized investments; standard of care; deviation from will or other disposition; investments by personal representative who is a bank or trust company
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(a) Unless otherwise expressly provided in the will, a personal representative shall be authorized to make those investments that are listed in Code Sections 53-8-2 and 53-8-3. (b) In making any other investments and in acquiring and retaining those investments and managing the p…
O.C.G.A. § 53-8-2 Real property
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A personal representative is authorized to invest estate funds in real property after first obtaining an order to that effect from the probate court or from the superior court. Service shall be made as provided in Chapter 11 of this title to the heirs of an intestate estate or the…
O.C.G.A. § 53-8-3 Securities, obligations, and interest-bearing deposits
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A personal representative is authorized to invest estate funds in: (1) Bonds issued by any county or municipality of this state which have been validated as required by law for the validation of county and municipal bonds; (2) Bonds issued by any county board of education under S…
O.C.G.A. § 53-8-4 Government obligations; standard of prudence; corporate fiduciaries
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(a) Whenever by law or by an instrument or court order establishing a fiduciary relationship the personal representative is authorized, permitted, required, or directed to invest funds in direct and general obligations of the United States government, obligations unconditionally g…