California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 7. ADMINISTRATION OF ESTATES OF DECEDENTS |
Part 5. ESTATE MANAGEMENT |
Chapter 18. Sales |
ARTICLE 4. Special Provisions Applicable to Particular Types of Property |
Section 10202.
Latest version.
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Notwithstanding Section 10200, if an estate by reason of owning securities, also owns or receives subscription rights for the purchase of additional securities, the personal representative may sell all or part of the subscription rights without notice of sale, prior order of court, or subsequent confirmation by the court.
(Enacted by Stats. 1990, Ch. 79.)