California Statutes
§ 16241. — 16241. (Enacted by Stats. 1990, Ch. 79.)
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
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.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 16241. (16241. (Enacted by Stats. 1990, Ch. 79.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Stats. 1990, Ch. 79.