Existing law authorizes the beneficiaries of an irrevocable trust, upon the consent of all beneficiaries, to compel the modification or termination of the trust upon petition to the court. Existing law prohibits the modification or termination of an irrevocable trust if the continuance of the trust is necessary to carry out a material purpose of the trust, unless the court determines that modification or termination under the circumstances outweighs the interest in accomplishing a material purpose of the trust. Notwithstanding that provision, existing law prohibits the court from terminating a trust that is subject to a valid restraint on the transfer of a beneficiary's interest.
California SB 333 (20172018) — Trusts: modification or termination.
Existing law authorizes the beneficiaries of an irrevocable trust, upon the consent of all beneficiaries, to compel the modification or termination of the trust upon petition to the court. Existing law prohibits the modification or termination of an irrevocable trust if the continuance of the trust is necessary to carry out a material purpose of the trust, unless the court determines that modification or termination under the circumstances outweighs the interest in accomplishing a material purpose of the trust. Notwithstanding that provision, existing law prohibits the court from terminating a trust that is subject to a valid restraint on the transfer of a beneficiary's interest.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Unfinished Business SB333 Anderson et al. Concurrence — 37–0 (pass) · upper
Do pass. To Consent Calendar. — 11–0 (pass) · lower
SB 333 Anderson Consent Calendar Second Day — 74–0 (pass) · lower
Do pass and be ordered to the Consent Calendar — 6–0 (pass) · upper
Sponsors
Anderson — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2017-02-13 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
2017-02-14 From printer. May be acted upon on or after March 16.
2017-02-23 Referred to Com. on JUD. referral-committee
2017-03-21 Set for hearing April 4.
2017-04-05 From committee: Do pass. Ordered to consent calendar. (Ayes 6. Noes 0. Page 626.) (April 4). committee-passage-favorable, committee-passage
2017-04-06 Read second time. Ordered to consent calendar. reading-2, reading-1
2017-04-20 Read third time. Passed. (Ayes 36. Noes 0. Page 768.) Ordered to the Assembly. reading-3, passage, reading-1
2017-04-20 In Assembly. Read first time. Held at Desk. reading-1
2017-05-18 Referred to Com. on JUD. referral-committee
2017-06-07 From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD. reading-2, referral-committee, amendment-passage, committee-passage, reading-1
2017-06-13 From committee: Do pass. Ordered to consent calendar. (Ayes 11. Noes 0.) (June 13). committee-passage-favorable, committee-passage
2017-06-14 Read second time. Ordered to consent calendar. reading-2, reading-1
2017-06-19 Read third time. Passed. (Ayes 74. Noes 0. Page 2259.) Ordered to the Senate. reading-3, passage, reading-1
2017-06-19 In Senate. Concurrence in Assembly amendments pending.
2017-06-22 Assembly amendments concurred in. (Ayes 37. Noes 0. Page 1679.) Ordered to engrossing and enrolling. committee-passage-favorable, amendment-passage
2017-06-27 Enrolled and presented to the Governor at 3:30 p.m.
2017-07-10 Approved by the Governor. executive-signature
2017-07-10 Chaptered by Secretary of State. Chapter 61, Statutes of 2017.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/52d8cb03-a425-43a7-8d10-b8063075bad1. Confidence: reported (aggregated from official California legislature records).