GroundRules
PROB § 10514
Where this section sits in the code
- Probate Code - PROB
- DIVISION 7. ADMINISTRATION OF ESTATES OF DECEDENTS [7000. - 12591.]
- PART 6. INDEPENDENT ADMINISTRATION OF ESTATES [10400. - 10592.]
- CHAPTER 3. Administration Under Independent Administration Authority [10500. - 10564.]
- ARTICLE 2. Powers Exercisable Only After Giving Notice of Proposed Action [10510. - 10520.]
(a) Subject to subdivision (b), the personal representative has the following powers:
(1) The power to borrow.
(2) The power to place, replace, renew, or extend any encumbrance upon any property of the estate.
(b) Only a personal representative who has full authority has the power to borrow money with the loan secured by an encumbrance upon real property.
Collected 2026-09-14T05:56:33Z. Source file · JSON