California Probate Code 2544.5 – Except as specifically limited by the court, subject to Section 2541, …
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Except as specifically limited by the court, subject to Section 2541, the guardian or conservator may sell mutual funds held without designation of a beneficiary without authorization, confirmation, or direction of the court. Section 2543 does not apply to sales under this section.
(Added by Stats. 1996, Ch. 86, Sec. 2.5. Effective January 1, 1997.)
Terms Used In California Probate Code 2544.5
- Conservator: means the conservator of the estate, or the limited conservator of the estate to the extent that the powers and duties of the limited conservator are specifically and expressly provided by the order appointing the limited conservator. See California Probate Code 2400