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2011 California Code
Probate Code
DIVISION 7. ADMINISTRATION OF ESTATES OF DECEDENTS [7000 - 12591]
ARTICLE 2. Executors
Section 8423


CA Prob Code § 8423 (through 2012 Leg Sess) What's This?

If the executor named in the will is a trust company that has sold its business and assets to, has consolidated or merged with, or is in any manner provided by law succeeded by, another trust company, the court may, and to the extent required by the Banking Law (Division 1 (commencing with Section 99) of the Financial Code) shall, appoint the successor trust company as executor.

(Enacted by Stats. 1990, Ch. 79.)

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