Code Section

Probate Code - PROB

DIVISION 9. TRUST LAW [15000 - 19403]

  ( Division 9 enacted by Stats. 1990, Ch. 79. )
  

PART 4. TRUST ADMINISTRATION [16000 - 16504]

  ( Part 4 enacted by Stats. 1990, Ch. 79. )
  

CHAPTER 2. Powers of Trustees [16200 - 16249]

  ( Chapter 2 enacted by Stats. 1990, Ch. 79. )
  

ARTICLE 2. Specific Powers of Trustees [16220 - 16249]
  ( Article 2 enacted by Stats. 1990, Ch. 79. )

  
16246.  

The trustee has the power to effect distribution of property and money in divided or undivided interests and to adjust resulting differences in valuation. A distribution in kind may be made pro rata or non pro rata, and may be made pursuant to any written agreement providing for a non pro rata division of the aggregate value of the community property assets or quasi-community property assets, or both.

(Amended by Stats. 1998, Ch. 682, Sec. 12. Effective January 1, 1999.)