Probate Code § 16242
‹ § 16241§ 16243 ›Open in browserleginfo ↗16242.
The trustee has the power to do any of the following:
(a) Pay or contest any claim.
(b) Settle a claim by or against the trust by compromise, arbitration, or otherwise.
(c) Release, in whole or in part, any claim belonging to the trust.
(Enacted by Stats. 1990, Ch. 79.)