California Probate Code

§ 16052

PROB § 16052 Effective Jan 1, 1996Div. 9 · Part 4 · Ch. 1 · Art. 2.5

Statute text

(a)A trustee may delegate investment and management functions as prudent under the circumstances. The trustee shall exercise prudence in the following:

(1)Selecting an agent.

(2)Establishing the scope and terms of the delegation, consistent with the purposes and terms of the trust.

…

Legislative history

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