California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 9. TRUST LAW |
Part 4. TRUST ADMINISTRATION |
Chapter 1. Duties of Trustees |
ARTICLE 4. Duties With Regard to Discretionary Powers |
Section 16080.
Latest version.
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Except as provided in Section 16081, a discretionary power conferred upon a trustee is not left to the trustee's arbitrary discretion, but shall be exercised reasonably.
(Enacted by Stats. 1990, Ch. 79.)