US lawCaliforniaStatutesCode probDivision 9Part 4Chapter 2Article 216238Cal. PROB § 16238Cal. PROB § 16238Last amended: 1990Year: 2025Length: 34 wordsOfficial source The trustee has the power to hold a security in the name of a nominee or in other form without disclosure of the trust so that title to the security may pass by delivery.PreviousCal. PROB § 16237NextCal. PROB § 16239