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California · Through 2026-09-13

PROB § 16015

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Where this section sits in the code
  1. Probate Code - PROB
  2. DIVISION 9. TRUST LAW [15000. - 19530.]
  3. PART 4. TRUST ADMINISTRATION [16000. - 16632.]
  4. CHAPTER 1. Duties of Trustees [16000. - 16110.]
  5. ARTICLE 1. Trustee’s Duties in General [16000. - 16015.]

The provision of services for compensation by a regulated financial institution or its affiliates in the ordinary course of business either to a trust of which it also acts as trustee or to a person dealing with the trust is not a violation of the duty provided in Section 16002 or 16004. For the purposes of this section, “affiliate” means a corporation that directly or indirectly through one or more intermediaries controls, is controlled by, or is under common control with another domestic or foreign corporation.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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