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CA AB1670
Bill
Status
9/27/2012
Primary Sponsor
Ricardo Lara
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AI Summary
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Authorizes courts to appoint a non-U.S. resident's nominated administrator until January 1, 2016, if that non-resident would otherwise be eligible to serve as administrator.
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Requires courts to assess whether California resident nominees are capable of faithfully executing administrative duties, considering conflicts of interest, prior relationships with the decedent, solicitation activities, and prior appointments as personal representatives.
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Prohibits appointment of nominees who are not California residents and automatically deems any administrator who ceases California residency to have resigned.
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Requires approved nominees to obtain bond unless the court finds good cause to waive it, with waivers supported by specific findings that consider protection of creditors and heirs.
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Sunsets the expanded appointment authority on January 1, 2016, reverting to prior law allowing only traditional nominees unless later legislation extends the provision.
Legislative Description
Estates: administration.
Last Action
Chaptered by Secretary of State - Chapter 635, Statutes of 2012.
9/27/2012