Cal. Prob. Code § 19252

Current through the 2023 Legislative Session.
Section 19252 - Payment constitutes allowance; power to compromise; trustee creditor of deceased settlor

The trustee shall have the power to pay any claim or portion of a claim and payment shall constitute allowance of the claim to the extent of the payment. The trustee shall have the power to compromise any claim or portion of a claim. If the trustee or the attorney for the trustee is a creditor of the deceased settlor, the trustee shall have the same powers regarding allowance, rejection, payment, or compromise set forth in this chapter.

Ca. Prob. Code § 19252

Amended by Stats 2007 ch 159 (AB 341),s 27, eff. 1/1/2008.