Cal. Prob. Code § 16246

Current through the 2023 Legislative Session.
Section 16246 - Power to distribute property and money and adjust differences of valuation

The trustee has the power to effect distribution of property and money in divided or undivided interests and to adjust resulting differences in valuation. A distribution in kind may be made pro rata or non pro rata, and may be made pursuant to any written agreement providing for a non pro rata division of the aggregate value of the community property assets or quasi-community property assets, or both.

Ca. Prob. Code § 16246

Amended by Stats. 1998, Ch. 682, Sec. 12. Effective January 1, 1999.