US lawCaliforniaStatutesCode probDivision 9Part 4Chapter 2Article 216240Cal. PROB § 16240Cal. PROB § 16240Last amended: 1990Year: 2025Length: 28 wordsOfficial source The trustee has the power to insure the property of the trust against damage or loss and to insure the trustee against liability with respect to third persons.PreviousCal. PROB § 16239NextCal. PROB § 16241