California Probate Code

§ 15604

PROB § 15604 Effective Jan 1, 2002Div. 9 · Part 3 · Ch. 1 · Art. 1

Statute text

(a)Notwithstanding any other provision of law, a nonprofit charitable corporation may be appointed as trustee of a trust created pursuant to this division, if all of the following conditions are met:

(1)The corporation is incorporated in this state.

(2)The articles of incorporation specifically authorize the corporation to accept appointments as trustee.

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Legislative history

Amended by Stats. 2001, Ch. 351, Sec. 2. Effective January 1, 2002.