Section 301 Of Part 9. Trust Company As Fiduciary From California Probate Code >> Division 2. >> Part 9.
301
. (a) A trust company appointed to act as a personal
representative, or guardian or conservator of an estate, may not be
required to give a bond.
(b) The liability of a trust company and the manner of its making
of oaths and affidavits are governed by Article 3 (commencing with
Section 1540) of Chapter 12 of Division 1 of, and Section 1587 of,
the Financial Code.