Cal. Probate Code § 10514
Cal. Probate Code § 10514
California · California Probate Code · Status: effective
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- Citation
- Cal. Probate Code § 10514, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/895017
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Full text
(a) Subject to subdivision (b), the personal representative has the following powers:
(1) The power to borrow.
(2) The power to place, replace, renew, or extend any encumbrance upon any property of the estate.
(b) Only a personal representative who has full authority has the power to borrow money with the loan secured by an encumbrance upon real property.