Liability of Trustee to Third Persons
Known as the Trust Law
The act spans §§ 15000–19403 (351 sections).
Applied in 5 court decisions — leading case General American Life Insurance v. Castonguay (1993)
Most recently applied in In re Brock (June 2013)
Enacted by Stats. 1990, Ch. 79.
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
(a) Unless otherwise provided in the contract or in this chapter, a trustee is not personally liable on a contract properly entered into in the trustee’s fiduciary capacity in the course of administration of the trust unless the trustee fails to reveal the trustee’s representative capacity or identify the trust in the contract.
(b) The personal liability of a trustee on a contract entered into before July 1, 1987, is governed by prior law and not by this section.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.