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10 chapters · 671 sections in this title.
O.C.G.A. § 7-1-310 Powers to act as fiduciary and in other representative capacities; authority to exercise trust powers
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(a) A trust company may act, alone or with others, as: (1) Fiduciary; (2) Investment advisor; (3) Custodian of property; (4) Agent or attorney in fact; (5) Registrar or transfer agent of securities; (6) Fiscal agent of the United States, a state or a public body thereof, a corpor…
O.C.G.A. § 7-1-311 Operations as a fiduciary
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Except as otherwise permitted by Code Section 7-1-315, a trust company in its capacity as fiduciary shall: (1) Segregate all property (other than items in the course of collection) held as a fiduciary from its nonfiduciary assets and keep separate records of all such fiduciary proper…
O.C.G.A. § 7-1-312 Nonfiduciary investments
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A trust company which is not a bank may, apart from its fiduciary activities, invest in stock and investment securities, except that it may not acquire or hold its own stock otherwise than pursuant to paragraphs (8) and (9) of Code Section 7-1-261. History. Code 1933, § 41A-1403, …
O.C.G.A. § 7-1-313 Collective investment funds
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(a) As used in this Code section, the term “collective investment fund” shall include a common trust fund and any other type of collective investment fund. (b) A trust company may establish and maintain collective investment funds for the investment or reinvestment of property wh…