California Family Code 2108 – At any time during the proceeding, the court has the authority, on …
Current as of: 2024 | Check for updates
|
Other versions
At any time during the proceeding, the court has the authority, on application of a party and for good cause, to order the liquidation of community or quasi-community assets so as to avoid unreasonable market or investment risks, given the relative nature, scope, and extent of the community estate. However, in no event shall the court grant the application unless, as provided in this chapter, the appropriate declaration of disclosure has been served by the moving party.
(Added by Stats. 1993, Ch. 219, Sec. 107. Effective January 1, 1994.)
Terms Used In California Family Code 2108
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Community estate: includes both community property and quasi-community property. See California Family Code 63
- order: include a decree, as appropriate under the circumstances. See California Family Code 100
- Proceeding: includes an action. See California Family Code 110