California Statutes
§ 16246. — 16246. (Amended by Stats. 1998, Ch. 682, Sec. 12.)
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 effect distribution of property and money in divided or undivided interests and to adjust resulting differences in valuation. A distribution in kind may be made pro rata or non pro rata, and may be made pursuant to any written agreement providing for a non pro rata division of the aggregate value of the community property assets or quasi-community property assets, or both.
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California § 16246. (16246. (Amended by Stats. 1998, Ch. 682, Sec. 12.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1998, Ch. 682, Sec. 12. Effective January 1, 1999.