Cal. Prob. Code § 19521

Current through the 2023 Legislative Session.
Section 19521 - Need to distribute not required

An authorized fiduciary may exercise the decanting power whether or not under the first trust's discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of the exercise.

Ca. Prob. Code § 19521

Added by Stats 2018 ch 407 (SB 909),s 1, eff. 1/1/2019.