California Probate Code
§ 16501
PROB § 16501 Effective Jan 1, 2018Div. 9 · Part 4 · Ch. 5
Statute text
View on leginfo.ca.gov(a)The trustee who elects to provide notice pursuant to this chapter shall deliver notice pursuant to Section 1215 of the proposed action to each of the following:
(1)A beneficiary who is receiving, or is entitled to receive, income under the trust, including a beneficiary who is entitled to receive income at the discretion of the trustee.
(2)A beneficiary who would receive a distribution of principal if the trust were terminated at the time the notice is given.
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Legislative history
Amended by Stats. 2017, Ch. 319, Sec. 91. (AB 976) Effective January 1, 2018.