The personal representative has the power to hold a security in the name of a nominee or in any other form without disclosure of the estate, so that title to the security may pass by delivery.
Cal. Prob. Code § 10560
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.