California Probate Code

§ 16246

PROB § 16246 Effective Jan 1, 1999Div. 9 · Part 4 · Ch. 2 · Art. 2

Statute text

The trustee has the power to effect distribution of property and money in divided or undivided interests and to adjust resulting differences in valuation. A distribution in kind may be made pro rata or non pro rata, and may be made pursuant to any written agreement providing for a non pro rata division of the aggregate value of the community property assets or quasi-community property assets, or both.

Legislative history

Amended by Stats. 1998, Ch. 682, Sec. 12. Effective January 1, 1999.