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Probate Code § 16610

‹ § 16608§ 16612Open in browserleginfo ↗

16610.

A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction or further power under subdivision (b) of Section 16608 regarding either of the following:

(a) A payback provision in the terms of a trust necessary to comply with the reimbursement requirements of Medicaid law in Section 1917 of the Social Security Act (42 U.S.C. Section 1396p(d)(4) (A)) and regulations issued thereunder.

(b) A charitable interest in the trust, including notice regarding the interest to the Attorney General.

(Added by Stats. 2023, Ch. 721, Sec. 3. (SB 801) Effective January 1, 2024.)