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Marginalia
Code · California · Probate Code

§ 10514

59 words·~1 min read·/ca/probate-code/10514

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Subject to subdivision (b), the personal representative has the following powers:
(1)The power to borrow.
(2)The power to place, replace, renew, or extend any encumbrance upon any property of the estate.
(b)Only a personal representative who has full authority has the power to borrow money with the loan secured by an encumbrance upon real property.
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