Statute · California Probate Code
Cal. Prob. Code § 2502 — Compromise of Claims and Actions; Extension, Renewal, or Modification of Obligations
Cal. Prob. Code § 2502
- Type
- Statute
- Source
- California Probate Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Court approval is required for a compromise or settlement of a matter when the transaction requires the transfer or encumbrance of property of the estate, or the creation of an unsecured liability of the estate, or both, in an amount or value in excess of twenty-five thousand dollars ($25,000).
Citator
Cal. Prob. Code § 2502 — Compromise of Claims and Actions; Extension, Renewal, or Modification of Obligations is in force in the current edition of the Code, and nothing recorded condemns it.
Court approval is required for a compromise or settlement of a matter when the transaction requires the transfer or encumbrance of property of the estate, or the creation of an unsecured liability of the estate, or both, in an amount or value in excess of twenty-five thousand dollars ($25,000).