California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 7. ADMINISTRATION OF ESTATES OF DECEDENTS |
Part 5. ESTATE MANAGEMENT |
Chapter 6. Abandonment of Tangible Personal Property |
Section 9780.
Latest version.
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Unless the property is specifically devised, subject to the requirements of this chapter, the personal representative may dispose of or abandon tangible personal property where the cost of collecting, maintaining, and safeguarding the property would exceed its fair market value.
(Enacted by Stats. 1990, Ch. 79.)