When a money judgment against a trustee in a representative capacity becomes final, it conclusively establishes the validity of the claim for the amount of the judgment. The judgment shall provide that it is payable out of property in the deceased settlor’s trust estate in the course of administration. An abstract of the judgment shall be filed in the trust administration proceedings.
Cal. Prob. Code § 19301
Claims Established by Judgment
Known as the Trust Law
The act spans §§ 15000–19403 (351 sections).
Added by Stats. 1991, Ch. 992, Sec. 3.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.