The grant of a power to a trustee, whether by the trust instrument, by statute, or by the court, does not in itself require or permit the exercise of the power. The exercise of a power by a trustee is subject to the trustee’s fiduciary duties.
Cal. Prob. Code § 16202
General Provisions
Known as the Trust Law
The act spans §§ 15000–19403 (351 sections).
Applied in 1 court decision — leading case 8 Cal. App. 5th 1184 - O'Neal v. Stanislaus County Employees' Retirement Assn. (2017)
Most recently applied in 8 Cal. App. 5th 1184 - O'Neal v. Stanislaus County Employees' Retirement Assn. (February 2017)
Enacted by Stats. 1990, Ch. 79.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.