Probate Code section 16234

With respect to any shares of stock of a domestic or foreign corporation, any membership in a nonprofit corporation, or any other property, a trustee has the power to do any of the following:

(a)

Vote in person, and give proxies to exercise, any voting rights with respect to the shares, memberships, or property.

(b)

Waive notice of a meeting or give consent to the holding of a meeting.

(c)

Authorize, ratify, approve, or confirm any action that could be taken by shareholders, members, or property owners.

Source: Section 16234, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=PROB§ionNum=16234.­ (updated Jan. 1, 1990; accessed Jun. 9, 2025).

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Verified:
Jun. 9, 2025

§ 16234’s source at ca​.gov