California Statutes

§ 15306.5. — 15306.5. (Enacted by Stats. 1990, Ch. 79.)

California·Code PROB Probate Code - PROB·Div. 9. DIVISION 9. TRUST LAW·Part 2. PART 2. CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUSTS·Ch. 2. CHAPTER 2. Restrictions on Voluntary and Involuntary Transfers
(a)Notwithstanding a restraint on transfer of the beneficiary’s interest in the trust under Section 15300 or 15301, and subject to the limitations of this section, upon a judgment creditor’s petition under Section 709.010 of the Code of Civil Procedure, the court may make an order directing the trustee to satisfy all or part of the judgment out of the payments to which the beneficiary is entitled under the trust instrument or that the trustee, in the exercise of the trustee’s discretion, has determined or determines in the future to pay to the beneficiary.
(b)An order under this section may not require that the trustee pay in satisfaction of the judgment an amount exceeding 25 percent of the payment that otherwise would be made to, or for the benefit of, the beneficiary.
(c)An order und

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California § 15306.5. (15306.5. (Enacted by Stats. 1990, Ch. 79.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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Legislative History

Enacted by Stats. 1990, Ch. 79.

Nearby Sections

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