California Statutes
§ 19252. — 19252. (Amended by Stats. 2007, Ch. 159, Sec. 27.)
California·Code PROB Probate Code - PROB·Div. 9. DIVISION 9. TRUST LAW·Part 8. PART 8. PAYMENT OF CLAIMS, DEBTS, AND EXPENSES FROM REVOCABLE TRUST OF DECEASED SETTLOR·Ch. 8. CHAPTER 8. Allowance and Rejection of Claims
The trustee shall have the power to pay any claim or portion of a claim and payment shall constitute allowance of the claim to the extent of the payment. The trustee shall have the power to compromise any claim or portion of a claim. If the trustee or the attorney for the trustee is a creditor of the deceased settlor, the trustee shall have the same powers regarding allowance, rejection, payment, or compromise set forth in this chapter.
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California § 19252. (19252. (Amended by Stats. 2007, Ch. 159, Sec. 27.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2007, Ch. 159, Sec. 27. Effective January 1, 2008.