Syfert Injury Law Firm

Your Trusted Partner in Personal Injury & Workers' Compensation

Call Now: 904-383-7448

2018 Georgia Code 53-8-12 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 53-8-12 Case Law from Google Scholar Amendments to OCGA 53-8-12

TITLE 53 WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES

Section 8. Investments, Sales, and Conveyances, 53-8-1 through 53-8-15.

ARTICLE 2 SALES AND CONVEYANCES

53-8-12. Stocks or bonds.

Stocks or bonds, either listed or admitted to unlisted trading privileges upon any stock exchange or quoted regularly in any newspaper having a general circulation in Georgia, may be sold at private sale without order from or report to the probate court at a sales price not less than the stock exchange bid price or the published bid price at the time of sale. Reasonable brokerage commissions, not in excess of those customarily charged by stock exchange members, may be paid.

(Code 1981, §53-8-12, enacted by Ga. L. 1996, p. 504, § 10.)

COMMENT

This section replaces former OCGA Sec. 53-8-37 with provisions that authorize the sale of listed stocks or bonds without the need to petition for approval to the probate court. The provisions of former OCGA Sec. 53-8-37 now appear in Article 2 of Title 29 (Guardian and Ward).

RESEARCH REFERENCES

Am. Jur. 2d.

- 31 Am. Jur. 2d, Executors and Administrators, §§ 725, 728 et seq. 76 Am. Jur. 2d, Trusts, § 430 et seq.

C.J.S.

- 34 C.J.S., Executors and Administrators, §§ 654, 719.

ALR.

- What included in term "bonds" in will, 35 A.L.R.2d 1095.

No results found for Georgia Code 53-8-12.