§ 16241

California Probate Code · 2026-10 edition · updated 2026-10-04 · California

The trustee has the power to borrow money for any trust purpose to be repaid from trust property. The lender may include, but is not limited to, a bank holding company, affiliate, or subsidiary of the trustee.

(Enacted by Stats. 1990, Ch. 79.)

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California Probate Code

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