One Click Case Law for § 53-12-453
O.C.G.A. § 53-12-452 <-- --> O.C.G.A. §53-12-454

2010 Georgia Code

TITLE 53 - WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES

CHAPTER 12 - TRUSTS
ARTICLE 18 - ALLOCATION OF DISBURSEMENTS DURING ADMINISTRATION OF TRUST
§ 53-12-453 - Transfers from income to reimburse principal

O.C.G.A. 53-12-453 (2010)
53-12-453. Transfers from income to reimburse principal


Wherever a charge that is properly allocable to income has been made or is expected to be made from principal because of the unusually large nature of the charge or otherwise, the trustee may transfer an appropriate amount from income to principal in one or more accounting periods to reimburse principal or to provide a reserve for future principal disbursements.