§ 9833. — 9833. (Enacted by Stats. 1990, Ch. 79.)

California § 9833.

• Jurisdiction: California
• Code PROB: Probate Code - PROB
• Div. 7.: DIVISION 7. ADMINISTRATION OF ESTATES OF DECEDENTS
• Part 5.: PART 5. ESTATE MANAGEMENT
• Ch. 9.: CHAPTER 9. Compromise of Claims and Actions; Extension, Renewal, or Modification of Obligations

Text

Authorization by order of court 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).

Legislative History

Enacted by Stats. 1990, Ch. 79.