Probate Code § 16005
‹ § 16004.5§ 16006 ›Open in browserleginfo ↗16005.
The trustee of one trust has a duty not to knowingly become a trustee of another trust adverse in its nature to the interest of the beneficiary of the first trust, and a duty to eliminate the conflict or resign as trustee when the conflict is discovered.
(Enacted by Stats. 1990, Ch. 79.)