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DIVISION 9. TRUST LAW 15000-19530›PART 4. TRUST ADMINISTRATION 16000-16632›CHAPTER 2. Powers of Trustees 16200-16249›ARTICLE 2. Specific Powers of Trustees 16220-16249

§ 16239

California Probate Code · 2026-09 edition · updated 2026-10-03 · California

The trustee has the power to deposit securities in a securities depository, as defined in Section 30004 of the Financial Code, which is licensed under Section 30200 of the Financial Code or is exempt from licensing by Section 30005 or 30006 of the Financial Code. The securities may be held by the securities depository in the manner authorized by Section 775 of the Financial Code.

(Enacted by Stats. 1990, Ch. 79.)

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California Probate Code

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