2006 Georgia Code - 53-12-260

53-12-260. (a) In all cases where a judge by order or by decree based on the verdict of a jury allows any trust property to be sold, it shall be the duty of the court or judge signing the order to require the trustee, within 60 days from the date of the order, to file and have recorded in the office of the clerk of the superior court of the county having jurisdiction of the trust property a written report, on oath, of his actions under the order, furnishing the following information: (1) The name of the purchaser of the property; (2) The price at which the property was sold; (3) A description of the property in which the proceeds have been reinvested, the price paid therefor, and the name of the person from whom the same was bought; and (4) If the proceeds have not been reinvested, the reason therefor. (b) If the proceeds have been reinvested, the judge shall pass such order, as to him shall seem best, confirming the same or ordering a new investment. If the proceeds have not been reinvested, the judge shall issue such order as shall be necessary and shall require the trustee to report within 60 days from the order, as required in subsection (a) of this Code section.

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