California § 16440 - If the trustee commits a breach of trust, the trustee is chargeable with any of t
Full text of California Public Contract Code - PCC § 16440 — If the trustee commits a breach of trust, the trustee is chargeable with any of t, with citation guidance and answers to common questions.
§ 16440. If the trustee commits a breach of trust, the trustee is chargeable with any of t
(a) If the trustee commits a breach of trust, the trustee is chargeable with any of the following that is appropriate under the circumstances: (1) Any loss or depreciation in value of the trust estate resulting from the breach of trust, with interest. (2) Any profit made by the trustee through the breach of trust, with interest. (3) Any profit that would have accrued to the trust estate if the loss of profit is the result of the breach of trust. (b) If the trustee has acted reasonably and in good faith under the circumstances as known to the trustee, the court, in its discretion, may excuse the trustee in whole or in part from liability under subdivision (a) if it would be equitable to do so.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 16440
What does Public Contract Code - PCC § 16440 cover?
Section 16440 ("If the trustee commits a breach of trust, the trustee is chargeable with any of t") 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 § 16440?
A common citation format is "Public Contract Code - PCC § 16440" (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 § 16440 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.