§ 16237
66 words·~1 min read·
/ca/probate-code/16237A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The trustee has the power to consent, directly or through a committee or other agent, to the reorganization, consolidation, merger, dissolution, or liquidation of a corporation or other business enterprise, and to participate in voting trusts, pooling arrangements, and foreclosures, and in connection therewith, to deposit securities with and transfer title and delegate discretion to any protective or other committee as the trustee may deem advisable.