California § 16334 - In administering a unitrust under this article, a fiduciary shall follow a unitru
Full text of California Public Contract Code - PCC § 16334 — In administering a unitrust under this article, a fiduciary shall follow a unitru, with citation guidance and answers to common questions.
§ 16334. In administering a unitrust under this article, a fiduciary shall follow a unitru
(a) In administering a unitrust under this article, a fiduciary shall follow a unitrust plan adopted under paragraph (1) or (2) of subdivision (a) of Section 16332, or amended or replaced under paragraph (2) of subdivision (a) of Section 16332. (b) A unitrust plan shall provide all of the following: (1) The unitrust rate or the method for determining the unitrust rate under Section 16335. (2) The method for determining the applicable value under Section 16336. (3) The rules described in Sections 16335 to 16338, inclusive, that apply in the administration of the unitrust, whether the rules are either of the following: (A) Mandatory, as provided in subdivision (a) of Section 16336 or subdivision (a) of Section 16337. (B) Optional, as provided in Section 16335, subdivision (b) of Section 16336, subdivision (b) of Section 16337, and subdivision (a) of Section 16338, to the extent the fiduciary elects to adopt those rules.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 16334
What does Public Contract Code - PCC § 16334 cover?
Section 16334 ("In administering a unitrust under this article, a fiduciary shall follow a unitru") 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 § 16334?
A common citation format is "Public Contract Code - PCC § 16334" (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 § 16334 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.