California Probate Code
§ 2574
PROB § 2574 Effective Jan 1, 2015Div. 4 · Part 4 · Ch. 6 · Art. 9
Statute text
View on leginfo.ca.gov(a)Subject to subdivision (b), the guardian or conservator, without authorization of the court, may invest funds of the estate pursuant to this section in:
(1)Direct obligations of the United States, or of the State of California, maturing not later than five years from the date of making the investment.
(2)United States Treasury bonds redeemable at par value on the death of the holder for payment of federal estate taxes, regardless of maturity date.
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Legislative history
Amended by Stats. 2014, Ch. 71, Sec. 136. (SB 1304) Effective January 1, 2015.