A trust provision, express or implied, that the trust may not be terminated is ineffective insofar as it purports to be applicable after the expiration of the longer of the periods provided by the statutory rule against perpetuities, Article 2 (commencing with Section 21205) of Chapter 1 of Part 2 of Division 11.
Cal. Prob. Code § 15413
Modification and Termination of Trusts
Known as the Trust Law
The act spans §§ 15000–19403 (351 sections).
Added by Stats. 1991, Ch. 156, Sec. 22.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.