California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 1. GENERAL EDUCATION CODE PROVISIONS |
Division 1. GENERAL EDUCATION CODE PROVISIONS |
Part 12. FOUNDATIONS AND STATE COMMITTEES AND COMMISSIONS |
Chapter 1. Foundations, Trusts, and Institutions of Arts and Sciences |
ARTICLE 1. Foundations and Trusts |
Section 21108.
Latest version.
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In the cases referred to in Sections 21106 and 21107, the powers and duties conferred and imposed upon the trustee or trustees shall be exercised and performed by the grantor, or by his or her spouse, during his or her life, as the case may be. Upon the death of the grantor, or the surviving spouse, as the case may be, the powers and duties shall devolve upon and shall be exercised by the trustees named in the grant, and their successors.
(Amended by Stats. 1977, Ch. 36.)