DIVISION 7. ADMINISTRATION OF ESTATES OF DECEDENTS 7000-12591›PART 5. ESTATE MANAGEMENT 9600-10382›CHAPTER 3. Deposit of Money and Personal Property With Financial Institutions 9700-9705
§ 9702
California Probate Code · 2018-11 edition · updated 2026-10-04 · California
(a) A trust company serving as personal representative may deposit securities that constitute all or part of the estate in a securities depository, as provided in Section 1612 of the Financial Code.
(b) If securities have been deposited with a trust company by a personal representative pursuant to Section 9701, the trust company may deposit the securities in a securities depository, as provided in Section 1612 of the Financial Code.
(c) The securities depository may hold securities deposited with it in the manner authorized by Section 1612 of the Financial Code.
(Amended by Stats. 2014, Ch. 71, Sec. 139. (SB 1304) Effective January 1, 2015.)
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