Chapter 1. General Provisions of California Probate Code >> Division 7. >> Part 6. >> Chapter 1.

This part shall be known and may be cited as the Independent Administration of Estates Act.

As used in this part, "court supervision" means the judicial order, authorization, approval, confirmation, or instructions that would be required if authority to administer the estate had not been granted under this part.

As used in this part, "full authority" means authority to administer the estate under this part that includes all the powers granted under this part.

As used in this part, "limited authority" means authority to administer the estate under this part that includes all the powers granted under this part except the power to do any of the following:
  (a) Sell real property.
  (b) Exchange real property.
  (c) Grant an option to purchase real property.
  (d) Borrow money with the loan secured by an encumbrance upon real property.

The personal representative may not be granted authority to administer the estate under this part if the decedent's will provides that the estate shall not be administered under this part.

A special administrator may be granted authority to administer the estate under this part if the special administrator is appointed with, or has been granted, the powers of a general personal representative.

(a) Subject to subdivision (b), this part applies in any case where authority to administer the estate is granted under this part or where independent administration authority was granted under prior law.
  (b) If the personal representative was granted independent administration authority prior to July 1, 1988, the personal representative may use that existing authority on and after July 1, 1988, to borrow money on a loan secured by an encumbrance upon real property, whether or not that existing authority includes the authority to sell real property.