The trustee has a duty to do the following:
(a) To keep the trust property separate from other property not subject to the trust.
(b) To see that the trust property is designated as property of the trust.
Trustee’s Duties in General
Known as the Trust Law
The act spans §§ 15000–19403 (351 sections).
Applied in 2 court decisions — leading case 29 Cal. App. 4th 673 - Wen Chang v. Redding Bank of Commerce (1994)
Most recently applied in Fiduciary Trust International of California v. Klein (March 2017)
Enacted by Stats. 1990, Ch. 79.
The trustee has a duty to do the following:
(a) To keep the trust property separate from other property not subject to the trust.
(b) To see that the trust property is designated as property of the trust.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.