Cal. Probate Code § 16015
Cal. Probate Code § 16015
California · California Probate Code · Status: effective
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- Citation
- Cal. Probate Code § 16015, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/895485
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Full text
The provision of services for compensation by a regulated financial institution or its affiliates in the ordinary course of business either to a trust of which it also acts as trustee or to a person dealing with the trust is not a violation of the duty provided in Section 16002 or 16004. For the purposes of this section, “affiliate” means a corporation that directly or indirectly through one or more intermediaries controls, is controlled by, or is under common control with another domestic or foreign corporation.