§ 16234. — 16234. (Enacted by Stats. 1990, Ch. 79.)

California § 16234.

• Jurisdiction: California
• Code PROB: Probate Code - PROB
• Div. 9.: DIVISION 9. TRUST LAW
• Part 4.: PART 4. TRUST ADMINISTRATION
• Ch. 2.: CHAPTER 2. Powers of Trustees
• Art. 2.: ARTICLE 2. Specific Powers of Trustees

Text

With respect to any shares of stock of a domestic or foreign corporation, any membership in a nonprofit corporation, or any other property, a trustee has the power to do any of the following:
(a)
Vote in person, and give proxies to exercise, any voting rights with respect to the shares, memberships, or property.
(b)
Waive notice of a meeting or give consent to the holding of a meeting.
(c)
Authorize, ratify, approve, or confirm any action that could be taken by shareholders, members, or property owners.

Legislative History

Enacted by Stats. 1990, Ch. 79.