Earlier editions: 2020-112018-11
DIVISION 9. TRUST LAW 15000-19530›PART 4. TRUST ADMINISTRATION 16000-16632›CHAPTER 1. Duties of Trustees 16000-16110›ARTICLE 1. Trustee’s Duties in General 16000-16015
§ 16003
California Probate Code · 2026-10 edition · updated 2026-10-04 · California
If a trust has two or more beneficiaries, the trustee has a duty to deal impartially with them and shall act impartially in investing and managing the trust property, taking into account any differing interests of the beneficiaries.
(Amended by Stats. 1995, Ch. 63, Sec. 1. Effective January 1, 1996.)
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