California Probate Code

§ 16003

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PROB § 16003 Effective Jan 1, 1996Div. 9 · Part 4 · Ch. 1 · Art. 1

Statute text

View on leginfo.ca.gov

If a trust has two or more beneficiaries, the trustee has a duty to deal impartially with them and shall act impartially in investing and managing the trust property, taking into account any differing interests of the beneficiaries.

Legislative history

Amended by Stats. 1995, Ch. 63, Sec. 1. Effective January 1, 1996.