California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 9. TRUST LAW |
Part 6. RIGHTS OF THIRD PERSONS |
Chapter 2. Protection of Third Persons |
Section 18102.
Latest version.
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If a third person acting in good faith and for a valuable consideration enters into a transaction with a former trustee without knowledge that the person is no longer a trustee, the third person is fully protected just as if the former trustee were still a trustee.
(Enacted by Stats. 1990, Ch. 79.)