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2019 California Code
Probate Code - PROB
DIVISION 7 - ADMINISTRATION OF ESTATES OF DECEDENTS
PART 2 - OPENING ESTATE ADMINISTRATION
CHAPTER 4 - Appointment of Personal Representative
ARTICLE 2 - Executors
Section 8423.
Universal Citation:
CA Prob Code § 8423 (2019)
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8423.
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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