California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 9. TRUST LAW |
Part 8. PAYMENT OF CLAIMS, DEBTS, AND EXPENSES FROM REVOCABLE TRUST OF DECEASED SETTLOR |
Chapter 9. Claims Established by Judgment |
Section 19301.
Latest version.
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When a money judgment against a trustee in a representative capacity becomes final, it conclusively establishes the validity of the claim for the amount of the judgment. The judgment shall provide that it is payable out of property in the deceased settlor's trust estate in the course of administration. An abstract of the judgment shall be filed in the trust administration proceedings.
(Added by Stats. 1991, Ch. 992, Sec. 3.)