Cal. PROB § 16241
This is the official text of Cal. PROB § 16241, part of California’s Probate Code — governs wills, trusts, estates, and conservatorships.
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Official statutory text
The trustee has the power to borrow money for any trust purpose to be repaid from trust property. The lender may include, but is not limited to, a bank holding company, affiliate, or subsidiary of the trustee.
Status: in_force · Read it on the official government site
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