Creation and Validity of Trusts
Known as the Trust Law
The act spans §§ 15000–19403 (351 sections).
Applied in 2 court decisions — leading case 109 Cal. App. 4th 421 - Oldham v. California Capital Fund, Inc. (2003)
Most recently applied in 329 F. Supp. 2d 1193 - Kenney v. United States (July 2004)
Enacted by Stats. 1990, Ch. 79.
A trust in relation to real property is not valid unless evidenced by one of the following methods:
(a) By a written instrument signed by the trustee, or by the trustee’s agent if authorized in writing to do so.
(b) By a written instrument conveying the trust property signed by the settlor, or by the settlor’s agent if authorized in writing to do so.
(c) By operation of law.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.