The personal representative has the power to extend, renew, or in any manner modify the terms of an obligation owing to or in favor of the decedent or the estate.
Cal. Prob. Code § 10554
Powers Exercisable Without Giving Notice of Proposed Action
Known as the Independent Administration of Estates Act
The act spans §§ 10400–10592 (64 sections).
Enacted by Stats. 1990, Ch. 79.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.