§ 53-7-5 - (Pre-1998 Probate Code) Authority and powers when several executors named in will; liability - Georgia Statutes

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Statutes > Georgia > Title-53 > Chapter-7 > Article-1 > 53-7-5

O.C.G.A. 53-7-5 (2010)
53-7-5. (Pre-1998 Probate Code) Authority and powers when several executors named in will; liability

If several executors are named in the will, one or more of those qualifying shall be entitled to execute all the trusts confided to all unless specially prohibited by the will. If more than one of the executors named qualifies, each shall be authorized to discharge the usual functions of an executor; but all shall join in executing special trusts, in making contracts binding upon the estate, and in paying out funds belonging to the estate. Each executor shall be responsible for his own acts only unless by his own act or gross negligence he shall have enabled or permitted his coexecutor to waste the estate.

State Codes and Statutes

Statutes > Georgia > Title-53 > Chapter-7 > Article-1 > 53-7-5

O.C.G.A. 53-7-5 (2010)
53-7-5. (Pre-1998 Probate Code) Authority and powers when several executors named in will; liability

If several executors are named in the will, one or more of those qualifying shall be entitled to execute all the trusts confided to all unless specially prohibited by the will. If more than one of the executors named qualifies, each shall be authorized to discharge the usual functions of an executor; but all shall join in executing special trusts, in making contracts binding upon the estate, and in paying out funds belonging to the estate. Each executor shall be responsible for his own acts only unless by his own act or gross negligence he shall have enabled or permitted his coexecutor to waste the estate.

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State Codes and Statutes

Statutes > Georgia > Title-53 > Chapter-7 > Article-1 > 53-7-5

O.C.G.A. 53-7-5 (2010)
53-7-5. (Pre-1998 Probate Code) Authority and powers when several executors named in will; liability

If several executors are named in the will, one or more of those qualifying shall be entitled to execute all the trusts confided to all unless specially prohibited by the will. If more than one of the executors named qualifies, each shall be authorized to discharge the usual functions of an executor; but all shall join in executing special trusts, in making contracts binding upon the estate, and in paying out funds belonging to the estate. Each executor shall be responsible for his own acts only unless by his own act or gross negligence he shall have enabled or permitted his coexecutor to waste the estate.