Cal. Prob. Code § 5658

Current through the 2023 Legislative Session.

Section 5658 - [Effective until 1/1/2032] Application of doctrine of cy pres to reform a revocable transfer on death deed

A court in which the transferor's estate is being administered may, on the petition of the personal representative or interested person, or on its own motion, apply the doctrine of cy pres to reform a revocable transfer on death deed that was made by the transferor for a charitable purpose, in either of the following circumstances:

(a) The beneficiary does not accept the gift.

(b) The beneficiary is a legal entity that dissolved or was merged into another entity before the transferor's death.

Ca. Prob. Code § 5658

Added by Stats 2021 ch 215 (SB 315),s 16, eff. 1/1/2022.