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2021 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 16232.
Universal Citation: CA Prob Code § 16232 (2021)
16232.
The trustee has the power to enter into a lease or arrangement for exploration and removal of gas, oil, or other minerals or geothermal energy, and to enter into a community oil lease or a pooling or unitization agreement, and for a term within or extending beyond the term of the trust.
(Enacted by Stats. 1990, Ch. 79.)
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