16608
Effective Jan 1, 2024Added by Stats. 2023, Ch. 721, Sec. 3. (SB 801) Effective January 1, 2024.
- (a) Subject to Section 16610, the terms of a trust may grant a power of direction to a trust director.
- (b) Unless the terms of a trust provide otherwise, a trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the trust director pursuant to subdivision (a).
- (c) Unless the terms of a trust provide otherwise, trust directors with joint powers shall act by majority decision.