California § 19504. 19504. (Added by Stats. 2018, Ch. 407, Sec. 1.)

California Statutes

§ 19504. — 19504. (Added by Stats. 2018, Ch. 407, Sec. 1.)

California § 19504.

Code PROBProbate Code - PROB

Div. 9.DIVISION 9. TRUST LAW

Part 9.PART 9. Uniform Trust Decanting Act

This text of California § 19504. (19504. (Added by Stats. 2018, Ch. 407, Sec. 1.)) 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 § 19504. (2026).

Text

(a)In exercising the decanting power, an authorized fiduciary shall act in accordance with its fiduciary duties, including the duty to act in accordance with the purposes of the first trust.

(b)This part does not create or imply a duty to exercise the decanting power or to inform beneficiaries about the applicability of this part.

(c)Except as otherwise provided in a first trust instrument, for purposes of this part, the terms of the first trust are deemed to include the decanting power.

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(a)
In exercising the decanting power, an authorized fiduciary shall act in accordance with its fiduciary duties, including the duty to act in accordance with the purposes of the first trust.
(b)
This part does not create or imply a duty to exercise the decanting power or to inform beneficiaries about the applicability of this part.
(c)
Except as otherwise provided in a first trust instrument, for purposes of this part, the terms of the first trust are deemed to include the decanting power.

Legislative History

Added by Stats. 2018, Ch. 407, Sec. 1. (SB 909) Effective January 1, 2019.

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California § 19504., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PROB/19504..