Cal. Prob. Code § 16005

Current through the 2023 Legislative Session.

Section 16005 - Duty to not to become trustee of trust adverse to beneficiary of first trust

The trustee of one trust has a duty not to knowingly become a trustee of another trust adverse in its nature to the interest of the beneficiary of the first trust, and a duty to eliminate the conflict or resign as trustee when the conflict is discovered.

Ca. Prob. Code § 16005

Enacted by Stats. 1990, Ch. 79.