California § 11465 - The court may order that a trustee be appointed to receive payment for a debt tha
Full text of California Public Contract Code - PCC § 11465 — The court may order that a trustee be appointed to receive payment for a debt tha, with citation guidance and answers to common questions.
§ 11465. The court may order that a trustee be appointed to receive payment for a debt tha
(a) The court may order that a trustee be appointed to receive payment for a debt that is contingent, disputed, or not due. The court in determining the amount paid to the trustee shall compute the present value of the debt, giving consideration to a reasonable return on the amount to be invested. The trustee shall invest the payment in investments that would be proper for a personal representative or as authorized in the order. (b) The trustee shall pay the debt as provided in the order. On completion of payment, any excess in possession of the trustee shall be distributed in the manner provided in Section 11642.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 11465
What does Public Contract Code - PCC § 11465 cover?
Section 11465 ("The court may order that a trustee be appointed to receive payment for a debt tha") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 11465?
A common citation format is "Public Contract Code - PCC § 11465" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 11465 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.