California Probate Code

§ 16050

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

PROB § 16050 Effective Jan 1, 1996Div. 9 · Part 4 · Ch. 1 · Art. 2.5

Statute text

View on leginfo.ca.gov

In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, overall investment strategy, purposes, and other circumstances of the trust.

Legislative history

Added by Stats. 1995, Ch. 63, Sec. 6. Effective January 1, 1996.