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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.