ARTICLE 2. Fiduciary Duties and Judicial Review [16325. - 16327.]

Article 2 added by Stats. 2023, Ch. 28, Sec. 2.

§§ 16325–16327 · 3 sections

• § 16325 (a) In making an allocation or determination or exercising discretion under this chapter, all of the following apply: (1) A fiduciary shall act in good faith,…
• § 16326 (a) For purposes of this section, “fiduciary decision” means any of the following: (1) A fiduciary’s allocation between income and principal or another…
• § 16327 (a) Except as otherwise provided in the terms of a trust or this section, a fiduciary, in a record, without court approval, may adjust between income and…