California Probate Code

§ 15602

PROB § 15602 Effective Jan 1, 2005Div. 9 · Part 3 · Ch. 1 · Art. 1

Statute text

(a)A trustee is not required to give a bond to secure performance of the trustee’s duties, unless any of the following circumstances occurs:

(1)A bond is required by the trust instrument.

(2)Notwithstanding a waiver of a bond in the trust instrument, a bond is found by the court to be necessary to protect the interests of beneficiaries or other persons having an interest in the trust.

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Legislative history

Amended by Stats. 2004, Ch. 75, Sec. 1. Effective January 1, 2005.