300. A trust company may be appointed to act as a personal
representative, guardian or conservator of an estate, or trustee, in
the same manner as an individual. A trust company may not be
appointed guardian or conservator of the person of a ward or
301. (a) A trust company appointed to act as a personal
representative, or guardian or conservator of an estate, may not be
required to give a bond.
(b) The liability of a trust company and the manner of its making
of oaths and affidavits are governed by Article 3 (commencing with
Section 1540) of Chapter 12 of Division 1 of, and Section 1587 of,
the Financial Code.