Probate Code section 10514

(a)

Subject to subdivision (b), the personal representative has the following powers:

(1)

The power to borrow.

(2)

The power to place, replace, renew, or extend any encumbrance upon any property of the estate.

(b)

Only a personal representative who has full authority has the power to borrow money with the loan secured by an encumbrance upon real property.

Source: Section 10514, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=PROB§ionNum=10514.­ (updated Jan. 1, 1990; accessed Jun. 25, 2025).

Green check means up to date. Up to date

Verified:
Jun. 25, 2025

§ 10514's source at ca​.gov