TRUST COMPANY AS FIDUCIARY
Applied in 1 court decision — leading case 568 F. Supp. 2d 1152 - Milton H. Greene Archives, Inc. v. CMG Worldwide, Inc. (2008)
Most recently applied in 568 F. Supp. 2d 1152 - Milton H. Greene Archives, Inc. v. CMG Worldwide, Inc. (July 2008)
Enacted by Stats. 1990, Ch. 79.
(a) A trust company appointed to act as a personal representative, or guardian or conservator of an estate, may not be required to give a bond.
(b) The liability of a trust company and the manner of its making of oaths and affidavits are governed by Article 3 (commencing with Section 1540) of Chapter 12 of Division 1 of, and Section 1587 of, the Financial Code.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.