California Probate Code

§ 16241

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

PROB § 16241Div. 9 · Part 4 · Ch. 2 · Art. 2

Statute text

View on leginfo.ca.gov

The trustee has the power to borrow money for any trust purpose to be repaid from trust property. The lender may include, but is not limited to, a bank holding company, affiliate, or subsidiary of the trustee.

Legislative history

Enacted by Stats. 1990, Ch. 79.