Probate Code § 16241
‹ § 16240§ 16242 ›Open in browserleginfo ↗16241.
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.
(Enacted by Stats. 1990, Ch. 79.)