AB 1646, as introduced, Gallagher. Trust proceedings.
The Trust Law governs the regulation of trusts and proceedings concerning trusts and specifies that its provisions apply to all proceedings concerning trusts commenced on or after July 1, 1987. The law also applies to proceedings concerning trusts commenced before July 1, 1987, except under specified circumstances.
This bill would make technical, nonsubstantive changes to those provisions.
Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.
The people of the State of California do enact as follows:
Section 15001 of the Probate Code is amended
2to read:
Except as otherwise provided by statute:
4(a) This division applies to all trusts regardless of whether they
5were created before, on, or after July 1, 1987.
6(b) This division applies to all proceedings concerning trusts
7begin insert that areend insert commenced on or after July 1, 1987.
8(c) This division applies to all proceedings concerning trusts
9commenced before July 1, 1987,begin delete unlessend deletebegin insert
unless,end insert in the opinion of
P2 1thebegin delete courtend deletebegin insert court,end insert
application of a particular provision of this division
2would substantially interfere with the effective conduct of the
3proceedings or the rights of the parties and other interested persons,
4in which case the particular provision of this division does not
5apply and prior law applies.
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