Probate Code § 16003
‹ § 16002§ 16004 ›Open in browserleginfo ↗16003.
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.
(Amended by Stats. 1995, Ch. 63, Sec. 1. Effective January 1, 1996.)