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. (accessed May 4, 2025).

10510
10511
10512
10513
10514
10515
10516
10517
10518
10519
10520

Last Updated

Apr. 24, 2025

§ 10514’s source at ca.gov

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Location: https://california.public.law/codes/probate_code_section_10514

Original Source: Section 10514, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PROB§ionNum=10514. (last accessed Apr. 24, 2025).