Cal. Prob. Code § 16003

Current through the 2023 Legislative Session.

Section 16003 - Duty to deal impartially with beneficiaries

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.

Ca. Prob. Code § 16003

Amended by Stats. 1995, Ch. 63, Sec. 1. Effective January 1, 1996.