(a) “Trustee” means a person executing a trust, as defined in this section.

(b) “Trust” means any voluntary trust expressly created by or declared in an instrument in writing, other than a will or a judicial writ, order, decree, or judgment, to carry on any business or to secure the payment or repayment of money.

Terms Used In California Corporations Code 29002

  • Person: includes a corporation as well as a natural person. See California Corporations Code 18
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.

(Amended by Stats. 1986, Ch. 820, Sec. 23. Operative July 1, 1987, by Sec. 43 of Ch. 820.)