ARTICLE 4. Duties With Regard to Discretionary Powers

Article 4 enacted by Stats. 1990, Ch. 79.

§§ 16080–16082 · 3 sections

• § 16080 Except as provided in Section 16081, a discretionary power conferred upon a trustee is not left to the trustee’s arbitrary discretion, but shall be exercised…
• § 16081 (a) Subject to the additional requirements of subdivisions (b), (c), and (d), if a trust instrument confers “absolute,” “sole,” or “uncontrolled” discretion on…
• § 16082 Except as otherwise specifically provided in the trust instrument, a person who holds a power to appoint or distribute income or principal to or for the…