California Probate Code ARTICLE 2 - Trustee’s Standard of Care

• Section 16040.
  (a) The trustee shall administer the trust with reasonable care, skill, and caution under the circumstances then prevailing that a prudent person acting in a like...
• Section 16041.
  A trustee’s standard of care and performance in administering the trust is not affected by whether or not the trustee receives any compensation.(Enacted by Stats....
• Section 16042.
  (a) Notwithstanding the requirements of this article, Article 2.5 (commencing with Section 16045), and the terms of the trust, all trust funds that come within the...

Last modified: October 22, 2018