California Probate Code

§ 16610

PROB § 16610 Effective Jan 1, 2024Div. 9 · Part 4 · Ch. 6

Statute text

A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction or further power under subdivision (b) of Section 16608 regarding either of the following:

(a)A payback provision in the terms of a trust necessary to comply with the reimbursement requirements of Medicaid law in Section 1917 of the Social Security Act (42 U.S.C. Section 1396p(d)(4)(A)) and regulations issued thereunder.

(b)A charitable interest in the trust, including notice regarding the interest to the Attorney General.

Legislative history

Added by Stats. 2023, Ch. 721, Sec. 3. (SB 801) Effective January 1, 2024.