Prob. Code, § 1062 · Chapter 4. Accounts
Prob. Code, § 1062
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The summary shall be supported by detailed schedules showing the following:
(a) Receipts, showing the nature or purpose of each item, the source of the receipt, and the date thereof.
(b) Disbursement, including the nature or purpose of each item, the name of the payee, and the date thereof.
(c) Net income or loss from a trade or business, which shall be sufficient if it provides the information disclosed on Schedule C or F of the federal income tax return.
(d) Calculation of gains or losses on sale or other disposition.
(e) Distributions of cash or property to beneficiaries, ward or conservatee, showing the date and amount of each, with the distribution of property shown at its carry value.
(f) Itemized list of property on hand, describing each item at its carry value.
Notes and commentary — not statutory text
History
Added by Stats. 1996, Ch. 862, Sec. 4. Effective January 1, 1997. Section operative July 1, 1997, pursuant to Section 1060.5.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PROB§ionNum=1062.
- Text hash
- sha256 2d1acfbd5ffc02222bd76a929bc79ac814096849076cb17f527ef100bea90eac
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
BenchPath cards that rely on this text
Cited by 1 provision
Provisions in this library whose text cites Prob. Code, § 1062. Each shows the citation as that text prints it.
Probate Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.