California Probate Code

§ 8423

PROB § 8423Div. 7 · Part 2 · Ch. 4 · Art. 2

Statute text

If the executor named in the will is a trust company that has sold its business and assets to, has consolidated or merged with, or is in any manner provided by law succeeded by, another trust company, the court may, and to the extent required by the Banking Law (Division 1 (commencing with Section 99) of the Financial Code) shall, appoint the successor trust company as executor.

Legislative history

Enacted by Stats. 1990, Ch. 79.