Cal. Prob. Code § 16244

Current through the 2023 Legislative Session.
Section 16244 - Power as to loans out of trust property

The trustee has the following powers:

(a) To make loans out of trust property to the beneficiary on terms and conditions that the trustee determines are fair and reasonable under the circumstances.
(b) To guarantee loans to the beneficiary by encumbrances on trust property.

Ca. Prob. Code § 16244

Enacted by Stats. 1990, Ch. 79.