Statute · California Financial Code
Cal. Fin. Code § 6851 — Accounts of Administrators, Executors, Guardians, Custodians, Trustees, and Other Fiduciaries
Cal. Fin. Code § 6851
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) The withdrawal value of a fiduciary account, and interest on it, or other rights relating to it, may be paid or delivered, in whole or in part, to the fiduciary without regard to any notice to the contrary as long as the fiduciary is living.
Citator
Cal. Fin. Code § 6851 — Accounts of Administrators, Executors, Guardians, Custodians, Trustees, and Other Fiduciaries is in force in the current edition of the Code, and nothing recorded condemns it.
(a) The withdrawal value of a fiduciary account, and interest on it, or other rights relating to it, may be paid or delivered, in whole or in part, to the fiduciary without regard to any notice to the contrary as long as the fiduciary is living.
(b) The payment or delivery to the fiduciary or a receipt or acquittance signed by a fiduciary to whom payment or delivery of rights is made shall be a sufficient release of an association for the payment or delivery.