California Probate Code 16041 – A trustee’s standard of care and performance in administering the …
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A trustee‘s standard of care and performance in administering the trust is not affected by whether or not the trustee receives any compensation.
(Enacted by Stats. 1990, Ch. 79.)
Terms Used In California Probate Code 16041
- Trust: includes the following:
California Probate Code 82
- Trustee: A person or institution holding and administering property in trust.
- Trustee: includes an original, additional, or successor trustee, whether or not appointed or confirmed by a court. See California Probate Code 84