California Probate Code 16080 – Except as provided in Section 16081, a discretionary power conferred …
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Except as provided in Section 16081, a discretionary power conferred upon a trustee is not left to the trustee‘s arbitrary discretion, but shall be exercised reasonably.
(Enacted by Stats. 1990, Ch. 79.)
Terms Used In California Probate Code 16080
- Trustee: A person or institution holding and administering property in trust.
- Trustee: includes an original, additional, or successor trustee, whether or not appointed or confirmed by a court. See California Probate Code 84