Probate Code section 301

(a)

A trust company appointed to act as a personal representative, or guardian or conservator of an estate, may not be required to give a bond.

(b)

The liability of a trust company and the manner of its making of oaths and affidavits are governed by Article 3 (commencing with Section 1540) of Chapter 12 of Division 1 of, and Section 1587 of, the Financial Code.

Source: Section 301, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=PROB§ionNum=301.­ (updated Jan. 1, 1990; accessed Jun. 25, 2025).

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Verified:
Jun. 25, 2025

§ 301's source at ca​.gov