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Section 19-5-8 – Purpose of Chapter.

Section 19-5-8 Purpose of chapter. The purpose of this chapter is to authorize a fiduciary to take appropriate action to preclude or minimize to the extent possible the imposition of the GST, and this chapter shall be broadly construed to effectuate this purpose. (Acts 1988, No. 88-340, p. 516, §8.)

Section 19-5-9 – Exercise of Authority by Fiduciary.

Section 19-5-9 Exercise of authority by fiduciary. A fiduciary may exercise the authority herein granted without prior approval or leave of any court. A fiduciary may also exercise the authority granted in each section contained herein concurrently with the authority granted in each other section contained herein. (Acts 1988, No. 88-340, p. 516, §9.)