California Probate Code

§ 16005

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

PROB § 16005Div. 9 · Part 4 · Ch. 1 · Art. 1

Statute text

View on leginfo.ca.gov

The trustee of one trust has a duty not to knowingly become a trustee of another trust adverse in its nature to the interest of the beneficiary of the first trust, and a duty to eliminate the conflict or resign as trustee when the conflict is discovered.

Legislative history

Enacted by Stats. 1990, Ch. 79.