California Probate Code

§ 2502

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PROB § 2502Div. 4 · Part 4 · Ch. 6 · Art. 5

Statute text

View on leginfo.ca.gov

Court approval is required for a compromise or settlement of a matter when the transaction requires the transfer or encumbrance of property of the estate, or the creation of an unsecured liability of the estate, or both, in an amount or value in excess of twenty-five thousand dollars ($25,000).

Legislative history

Enacted by Stats. 1990, Ch. 79.