The trustee has the power to encumber, mortgage, or pledge trust property for a term within or extending beyond the term of the trust in connection with the exercise of any power vested in the trustee.
(Enacted by Stats. 1990, Ch. 79.)
Prob. Code § 16228, under Specific Powers of Trustees.
Prob. Code § 16228
The trustee has the power to encumber, mortgage, or pledge trust property for a term within or extending beyond the term of the trust in connection with the exercise of any power vested in the trustee.
(Enacted by Stats. 1990, Ch. 79.)