One Click Case Law for § 53-12-344
O.C.G.A. § 53-12-343 <-- --> O.C.G.A. §53-12-345

2010 Georgia Code

TITLE 53 - WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES

CHAPTER 12 - TRUSTS
ARTICLE 16 - TRUST INVESTMENTS
PART 1 - INVESTMENTS GENERALLY
§ 53-12-344 - Language invoking application of article

O.C.G.A. 53-12-344 (2010)
53-12-344. Language invoking application of article


The following terminology or comparable language in the provisions of a trust, unless otherwise limited or modified, shall authorize any investment or strategy permitted under Article 16 and 17 of this chapter: "investments permissible by law for investment of trust funds," "legal investments," "authorized investments," "using the judgment and care under the circumstances then prevailing that persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not in regard to speculation but in regard to the permanent disposition of their funds, considering the probable income as well as the probable safety of their capital," "prudent man rule," "prudent trustee rule," "prudent person rule," and "prudent investor rule."