California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 9. TRUST LAW |
Part 2. CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUSTS |
Chapter 2. Restrictions on Voluntary and Involuntary Transfers |
Section 15300.
Latest version.
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Except as provided in Sections 15304 to 15307, inclusive, if the trust instrument provides that a beneficiary's interest in income is not subject to voluntary or involuntary transfer, the beneficiary's interest in income under the trust may not be transferred and is not subject to enforcement of a money judgment until paid to the beneficiary.
(Enacted by Stats. 1990, Ch. 79.)