California § 16040 - The trustee shall administer the trust with reasonable care, skill, and caution u
Full text of California Public Contract Code - PCC § 16040 — The trustee shall administer the trust with reasonable care, skill, and caution u, with citation guidance and answers to common questions.
§ 16040. The trustee shall administer the trust with reasonable care, skill, and caution u
(a) The trustee shall administer the trust with reasonable care, skill, and caution under the circumstances then prevailing that a prudent person acting in a like capacity would use in the conduct of an enterprise of like character and with like aims to accomplish the purposes of the trust as determined from the trust instrument. (b) The settlor may expand or restrict the standard provided in subdivision (a) by express provisions in the trust instrument. A trustee is not liable to a beneficiary for the trusteeâs good faith reliance on these express provisions. (c) This section does not apply to investment and management functions governed by the Uniform Prudent Investor Act, Article 2.5 (commencing with Section 16045).
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 16040
What does Public Contract Code - PCC § 16040 cover?
Section 16040 ("The trustee shall administer the trust with reasonable care, skill, and caution u") 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 § 16040?
A common citation format is "Public Contract Code - PCC § 16040" (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 § 16040 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.