California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 9. TRUST LAW |
Part 4. TRUST ADMINISTRATION |
Chapter 4. Liability of Trustees to Beneficiaries |
ARTICLE 4. Limitations and Exculpation |
Section 16462.
Latest version.
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(a) Notwithstanding Section 16461, a trustee of a revocable trust is not liable to a beneficiary for any act performed or omitted pursuant to written directions from the person holding the power to revoke, including a person to whom the power to direct the trustee is delegated.
(b) Subdivision (a) applies to a trust that is revocable in part with respect to the interest of the beneficiary in that part of the trust property.
(Enacted by Stats. 1990, Ch. 79.)