2018 California Code
Probate Code - PROB
DIVISION 6 - WILLS AND INTESTATE SUCCESSION
PART 1 - WILLS
CHAPTER 8 - Nonprobate Transfer to Trustee Named in Decedent’s Will
Section 6320.
As used in this chapter, unless the context otherwise requires:
(a)“Designation” means a designation made pursuant to Section 6321.
(b) “Instrument” includes all of the following:
(1)An insurance, annuity, or endowment contract (including any agreement issued or entered into by the insurer in connection therewith, supplemental thereto, or in settlement thereof).
(2)A pension, retirement benefit, death benefit, stock bonus, profit-sharing or employees’ saving plan, employee benefit plan, or contract created or entered into by an employer for the benefit of some or all of his or her employees.
(3)A self-employed retirement plan, or an individual retirement annuity or account, established or held pursuant to the Internal Revenue Code.
(4) A multiple-party account, as defined in Section 5132.
(5) Any other written instrument of a type described in Section 5000.
(Amended by Stats. 1992, Ch. 178, Sec. 31.4. Effective January 1, 1993.)
