California Statutes
§ 19521. — 19521. (Added by Stats. 2018, Ch. 407, Sec. 1.)
California·Code PROB Probate Code - PROB·Div. 9. DIVISION 9. TRUST LAW·Part 9. PART 9. Uniform Trust Decanting Act
An authorized fiduciary may exercise the decanting power whether or not under the first trust’s discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of the exercise.
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California § 19521. (19521. (Added by Stats. 2018, Ch. 407, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2018, Ch. 407, Sec. 1. (SB 909) Effective January 1, 2019.