Home/California/Statutes/Code PROB: Probate Code - PROB/Div. 9.: DIVISION 9. TRUST LAW/Part 4.: PART 4. TRUST ADMINISTRATION/Ch. 1.: CHAPTER 1. Duties of Trustees/Art. 2.5.: ARTICLE 2.5. Uniform Prudent Investor Act/§ 16049.
California Statutes

§ 16049. — 16049. (Added by Stats. 1995, Ch. 63, Sec. 6.)

California § 16049.
JurisdictionCalifornia
Code PROBProbate Code - PROB
Div. 9.DIVISION 9. TRUST LAW
Part 4.PART 4. TRUST ADMINISTRATION
Ch. 1.CHAPTER 1. Duties of Trustees
Art. 2.5.ARTICLE 2.5. Uniform Prudent Investor Act

This text of California § 16049. (16049. (Added by Stats. 1995, Ch. 63, Sec. 6.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Probate Code - PROB Code § 16049. (2026).

Text

Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements, and other circumstances of the trust, and with the requirements of this chapter.

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Legislative History

Added by Stats. 1995, Ch. 63, Sec. 6. Effective January 1, 1996.
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California § 16049., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PROB/16049..