General Provisions
Known as the Trust Law
The act spans §§ 15000–19403 (351 sections).
Applied in 1 court decision — leading case Fiduciary Trust International of California v. Klein (2017)
Most recently applied in Fiduciary Trust International of California v. Klein (March 2017)
Amended by Stats. 1995, Ch. 63, Sec. 7
A trustee has the following powers without the need to obtain court authorization:
(a) The powers conferred by the trust instrument.
(b) Except as limited in the trust instrument, the powers conferred by statute.
(c) Except as limited in the trust instrument, the power to perform any act that a trustee would perform for the purposes of the trust under the standard of care provided in Section 16040 or 16047.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.