California Financial Code

§ 1602

FIN § 1602 Effective Jan 1, 2012Div. 1.1 · Ch. 16 · Art. 5

Statute text

A trust company, its officers and employees, shall not disclose any information to any person concerning the existence, condition, management, and administration of any private trust confided to it, except:

(a)Where such disclosure is specifically authorized by the terms of the trust.

(b)Where such disclosure is determined by an officer of the trust company to be necessary in the administration of such trust.

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Legislative history

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.