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2019 California Code
Probate Code - PROB
DIVISION 9 - TRUST LAW
PART 4 - TRUST ADMINISTRATION
CHAPTER 2 - Powers of Trustees
ARTICLE 2 - Specific Powers of Trustees
Section 16246.
Universal Citation: CA Prob Code § 16246 (2019)
16246.
The trustee has the power to effect distribution of property and money in divided or undivided interests and to adjust resulting differences in valuation. A distribution in kind may be made pro rata or non pro rata, and may be made pursuant to any written agreement providing for a non pro rata division of the aggregate value of the community property assets or quasi-community property assets, or both.
(Amended by Stats. 1998, Ch. 682, Sec. 12. Effective January 1, 1999.)
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