Cal. Probate Code § 16005 : California Probate Code — Trust Law — Duties Of Trustees — Trustee'S Duties In General — Duty to not to become trustee of trust adverse to beneficiary of first trust

Current through the 2016 Legislative Session

The trustee of one trust has a duty not to knowingly become a trustee of another trust adverse in its nature to the interest of the beneficiary of the first trust, and a duty to eliminate the conflict or resign as trustee when the conflict is discovered.

Ca. Prob. Code § 16005