2020 Georgia Code
Title 53 - Wills, Trusts, and Administration of Estates
Chapter 8 - Investments, Sales, and Conveyances
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.)
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.
