Statute · California Probate Code
Cal. Prob. Code § 16246 — Specific Powers of Trustees
Cal. Prob. Code § 16246
- Type
- Statute
- Source
- California Probate Code
- Jurisdiction
- California
- Date
- 1999-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The trustee has the power to effect distribution of property and money in divided or undivided interests and to adjust resulting differences in valuation. A distribution in kind may be made pro rata or non pro rata, and may be made pursuant to any written agreement providing for a non pro rata…
Citator
Cal. Prob. Code § 16246 — Specific Powers of Trustees is in force in the current edition of the Code, and nothing recorded condemns it.
The trustee has the power to effect distribution of property and money in divided or undivided interests and to adjust resulting differences in valuation. A distribution in kind may be made pro rata or non pro rata, and may be made pursuant to any written agreement providing for a non pro rata division of the aggregate value of the community property assets or quasi-community property assets, or both.