Statutes, codes, and regulations
CALIFORNIA CODES
CALIFORNIA PROBATE CODEDivision 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGSPart 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIPChapter 6 - POWERS AND DUTIES OF GUARDIAN OR CONSERVATOR OF THE ESTATE
Article 5 - COMPROMISE OF CLAIMS AND ACTIONS; EXTENSION, RENEWAL, OR MODIFICATION OF OBLIGATIONS
Section 2502 - Transaction in amount or value in excess of $25,000

Cal. Prob. Code § 2502

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Current through the 2023 Legislative Session.
Section 2502 - Transaction in amount or value in excess of $25,000

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).

Ca. Prob. Code § 2502

Enacted by Stats. 1990, Ch. 79.