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Current as of January 01, 2025 | Updated by Findlaw Staff
Trusteed assets may be held by a trustee in the name of a nominee of the trustee, when permitted by and in accordance with the law authorizing the trustee to act as trustee. For the purposes of this article, the trustee is deemed to have legal title to trusteed assets so held.
Cite this article: FindLaw.com - California Code, Insurance Code - INS § 1596.5 - last updated January 01, 2025 | https://codes.findlaw.com/ca/insurance-code/ins-sect-1596-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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