California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 9. TRUST LAW |
Part 4. TRUST ADMINISTRATION |
Chapter 1. Duties of Trustees |
ARTICLE 1. Trustee’s Duties in General |
Section 16014.
Latest version.
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(a) The trustee has a duty to apply the full extent of the trustee's skills.
(b) If the settlor, in selecting the trustee, has relied on the trustee's representation of having special skills, the trustee is held to the standard of the skills represented.
(Enacted by Stats. 1990, Ch. 79.)