California Legal Codes and Statutes

§ 16003

Amended by Stats. 1995, Ch. 63, Sec. 1. Effective January 1, 1996.

If a trust has two or more beneficiaries, the trustee has a duty to deal impartially with them and shall act impartially in investing and managing the trust property, taking into account any differing interests of the beneficiaries.

Cite this section

Cal. Prob. Code § 16003 (2026)
https://ca.codecond.com/codes/prob/division-9-trust-law/part-4-trust-administration/chapter-1-duties-of-trustees/article-1-trustee-s-duties-in-general/section-16003

Other sections in Article 1 - Trustee’s Duties in General

§ 16000§ 16001§ 16002§ 16003§ 16004§ 16004.5§ 16005§ 16006§ 16007§ 16009§ 16010§ 16011§ 16012§ 16013§ 16014§ 16015

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