California Probate Code

§ 16334

PROB § 16334 Effective Jan 1, 2024Div. 9 · Part 4 · Ch. 3 · Art. 3

Statute text

(a)In administering a unitrust under this article, a fiduciary shall follow a unitrust plan adopted under paragraph (1) or (2) of subdivision (a) of Section 16332, or amended or replaced under paragraph (2) of subdivision (a) of Section 16332.

(b)A unitrust plan shall provide all of the following:

(1)The unitrust rate or the method for determining the unitrust rate under Section 16335.

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Legislative history

Added by Stats. 2023, Ch. 28, Sec. 2. (SB 522) Effective January 1, 2024.