Cal. PROB § 16049
This is the official text of Cal. PROB § 16049, part of California’s Probate Code — governs wills, trusts, estates, and conservatorships.
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Official statutory text
Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements, and other circumstances of the trust, and with the requirements of this chapter.
Status: in_force · Read it on the official government site
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