California Statutes
§ 2502. — 2502. (Enacted by Stats. 1990, Ch. 79.)
California·Code PROB Probate Code - PROB·Div. 4. DIVISION 4. GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS·Part 4. PART 4. PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP·Ch. 6. CHAPTER 6. Powers and Duties of Guardian or Conservator of the Estate·Art. 5. ARTICLE 5. Compromise of Claims and Actions; Extension, Renewal, or Modification of Obligations
Court approval is required for a compromise or settlement of a matter when the transaction requires the transfer or encumbrance of property of the estate, or the creation of an unsecured liability of the estate, or both, in an amount or value in excess of twenty-five thousand dollars ($25,000).
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California § 2502. (2502. (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.