Title 30 — Title 30
0 chapters · 53 sections in this title.
O.C.G.A. § 30-10-5 Community trusts; board of trustees
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Each community trust shall have a board of trustees appointed by the governing body of the nonprofit organization forming the trust, which 854 30-10-6 shall include persons with expertise in business and investments and persons with expertise regarding the care, support, habilita…
O.C.G.A. § 30-10-7 Life beneficiaries
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(a) No life beneficiary shall have any vested or property rights or interests in a community trust. No life beneficiary shall have the power to anticipate, assign, convey, alienate, or otherwise encumber any interest in the income or principal of a community trust. The income or …
O.C.G.A. § 30-10-8 Liability of trustees
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No trustee, cotrustee, successor cotrustee, or successor trustee serving pursuant to the provisions of this chapter shall at any time be liable for any mistake of law or fact, or of both law and fact, or errors of judgment, or for any loss sustained by a community trust, or by an…