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/§ 16050.
California Statutes

§ 16050. — 16050. (Added by Stats. 1995, Ch. 63, Sec. 6.)

California § 16050.
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 § 16050. (16050. (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 § 16050. (2026).

Text

In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, overall investment strategy, purposes, and other circumstances of the trust.

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Related

Lindie Banks v. Northern Trust Corp.
929 F.3d 1046 (Ninth Circuit, 2019)
25 case citations

Legislative History

Added by Stats. 1995, Ch. 63, Sec. 6. Effective January 1, 1996.
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California § 16050., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PROB/16050..