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Cal. Prob. Code § 16100

Duties of Trustees of Private Foundations, Charitable Trusts, and Split-Interest Trusts

Known as the Trust Law

The act spans §§ 15000 to 19403 (351 sections).

Enacted by Stats. 1990, Ch. 79.

As used in this article, the following definitions shall control:

(a) “Charitable trust” means a charitable trust as described in Section 4947(a)(1) of the Internal Revenue Code.

(b) “Private foundation” means a private foundation as defined in Section 509 of the Internal Revenue Code.

(c) “Split-interest trust” means a split-interest trust as described in Section 4947(a)(2) of the Internal Revenue Code.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.