Current as of January 01, 2019 | Updated by FindLaw Staff
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On petition by a trustee or beneficiary, the court, for good cause shown, may divide a trust into two or more separate trusts, if the court determines that dividing the trust will not defeat or substantially impair the accomplishment of the trust purposes or the interests of the beneficiaries.
After an event of dissolution has occurred and before a certificate of termination has been issued, the LLC or, for good cause shown, a member or creditor may apply to a court within the county in which the registered office of the LLC is situated to have the dissolution conducted or continued under the supervision of the court as provided in part 9 of this chapter.
Cite this article: FindLaw.com - California Code, Probate Code - PROB § 15412 - last updated January 01, 2019 | https://codes.findlaw.com/ca/probate-code/prob-sect-15412.html
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