DIVISION 9. TRUST LAW 15000-19530›PART 4. TRUST ADMINISTRATION 16000-16504›CHAPTER 1. Duties of Trustees 16000-16105›ARTICLE 2.5. Uniform Prudent Investor Act 16045-16054

§ 16049

California Probate Code · 2020-11 edition · updated 2026-10-04 · California

Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements, and other circumstances of the trust, and with the requirements of this chapter.

(Added by Stats. 1995, Ch. 63, Sec. 6. Effective January 1, 1996.)

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California Probate Code

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