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Cal. Prob. Code § 19508

Uniform Trust Decanting Act

Known as the Uniform Trust Decanting Act

The act spans §§ 19501–19530 (28 sections).

Added by Stats. 2018, Ch. 407, Sec. 1

(a) Notice to a person with authority to represent and bind another person under this code or a first trust instrument has the same effect as notice given directly to the person represented.

(b) Consent of or waiver by a person with authority to represent and bind another person under this code or a first trust instrument is binding on the person represented unless the person represented objects to the representation before the consent or waiver otherwise would become effective.

(c) A person with authority to represent and bind another person under this code or a first trust instrument may file an application under Section 19509 on behalf of the person represented.

(d) A settlor may not represent or bind a beneficiary under this part.

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