---
type: "Bill"
title: "Trustee: power to terminate trust."
description: "Existing law regulates the administration of trusts by trustees on behalf of beneficiaries. Existing law authorizes, if the principal of a trust does not exceed $40,000 in value, the trustee to terminate the trust."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20172018"
identifier: "AB 2426"
citation: "California AB 2426 (20172018)"
classification: ["bill"]
subjects: ["Trustee: power to terminate trust."]
status: "enacted"
primary_sponsors: ["Maienschein"]
version_count: 5
action_count: 17
vote_count: 4
first_action: "2018-02-14"
last_action: "2018-07-09"
source: "openstates"
source_identifier: "ocd-bill/4573b724-fbc5-4239-b2ec-9d39160e8708"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB2426"
source_hash: "01a00421cdc8cce8ec656661f86bca265e5d4a0fd0c84d6a671afd31ea32b0c2"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---

# California AB 2426 (20172018) — Trustee: power to terminate trust.

Existing law regulates the administration of trusts by trustees on behalf of beneficiaries. Existing law authorizes, if the principal of a trust does not exceed $40,000 in value, the trustee to terminate the trust.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **02/14/18 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180AB2426&version=20170AB242699INT)
2. **03/06/18 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180AB2426&version=20170AB242698AMD)
3. **07/09/18 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180AB2426&version=20170AB242696CHP)
4. **AB2426** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB2426)
5. **06/27/18 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180AB2426&version=20170AB242697ENR)

## Votes

- AB 2426 MAIENSCHEIN Consent Calendar Second Day — **72–0** (pass) · lower
- Do pass. To Consent Calendar. — **10–0** (pass) · lower
- Consent Calendar AB2426 — **36–0** (pass) · upper
- Do pass and be ordered to the Consent Calendar — **7–0** (pass) · upper

## Sponsors

- Maienschein — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2018-02-14** Read first time. To print. `reading-1`
- **2018-02-15** From printer. May be heard in committee March 17.
- **2018-03-05** Referred to Com. on JUD. `referral-committee`
- **2018-03-06** From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended. `amendment-introduction, amendment-passage, reading-2, reading-1`
- **2018-03-07** Re-referred to Com. on JUD. `referral-committee`
- **2018-04-03** From committee: Do pass. To Consent Calendar. (Ayes 10. Noes 0.) (April 3). `committee-passage-favorable, committee-passage`
- **2018-04-04** Read second time. Ordered to Consent Calendar. `reading-2, reading-1`
- **2018-04-09** Read third time. Passed. Ordered to the Senate. (Ayes 72. Noes 0. Page 4563.) `reading-3, passage, reading-1`
- **2018-04-09** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
- **2018-04-19** Referred to Com. on JUD. `referral-committee`
- **2018-06-13** From committee: Do pass. To Consent Calendar. (Ayes 7. Noes 0.) (June 12). `committee-passage-favorable, committee-passage`
- **2018-06-14** Read second time. Ordered to Consent Calendar. `reading-2, reading-1`
- **2018-06-25** Read third time. Passed. Ordered to the Assembly. (Ayes 36. Noes 0. Page 4879.). `reading-3, passage, reading-1`
- **2018-06-25** In Assembly. Ordered to Engrossing and Enrolling. `committee-passage`
- **2018-06-29** Enrolled and presented to the Governor at 3 p.m.
- **2018-07-09** Approved by the Governor. `executive-signature`
- **2018-07-09** Chaptered by Secretary of State - Chapter 78, Statutes of 2018.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4573b724-fbc5-4239-b2ec-9d39160e8708`. Confidence: reported (aggregated from official California legislature records).