2018 California Code
Probate Code - PROB
DIVISION 9 - TRUST LAW
PART 5 - JUDICIAL PROCEEDINGS CONCERNING TRUSTS
CHAPTER 6 - Transfer of Trust From Another Jurisdiction
Section 17455.
(a) The court may, in its discretion, grant the petition and issue an order accepting transfer of trust property or the place of administration of the trust to this state and appoint a trustee to administer the trust in this state, if, after hearing, all of the following appear to the court:
(1) The transfer of the trust property to a trustee in this state, or the transfer of the place of administration of the trust to this state, will promote the best interests of the trust and those interested in it, taking into account the interest in the economical and convenient administration of the trust.
(2) The transfer will not violate the trust instrument.
(3) The trustee appointed by the court to administer the trust in this state, and to whom the trust property is to be transferred, is qualified, willing, and able to administer the trust or trust property under the trust instrument.
(4) The proper court in the other jurisdiction has approved the transfer if approval is necessary under the law of the other jurisdiction.
(b) If the court grants the petition under subdivision (a), the court shall require the trustee to give a bond, if necessary under the law of the other jurisdiction or of this state, and may require bond as provided in Section 15602.
(Enacted by Stats. 1990, Ch. 79.)
