Statute · California Probate Code

Cal. Prob. Code § 16003 — Trustee’s Duties in General

Cal. Prob. Code § 16003

Type
Statute
Source
California Probate Code
Jurisdiction
California
Date
1996-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

If a trust has two or more beneficiaries, the trustee has a duty to deal impartially with them and shall act impartially in investing and managing the trust property, taking into account any differing interests of the beneficiaries.

Citator

Cal. Prob. Code § 16003 — Trustee’s Duties in General is in force in the current edition of the Code, and nothing recorded condemns it.

If a trust has two or more beneficiaries, the trustee has a duty to deal impartially with them and shall act impartially in investing and managing the trust property, taking into account any differing interests of the beneficiaries.