California Statutes
§ 16241. — 16241. (Enacted by Stats. 1990, Ch. 79.)
California § 16241.
JurisdictionCalifornia
Code PROBProbate 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
This text of California § 16241. (16241. (Enacted by Stats. 1990, Ch. 79.)) 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 § 16241. (2026).
Text
The trustee has the power to borrow money for any trust purpose to be repaid from trust property. The lender may include, but is not limited to, a bank holding company, affiliate, or subsidiary of the trustee.
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Legislative History
Enacted by Stats. 1990, Ch. 79.
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California § 16241., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PROB/16241..