Statute · California Probate Code
Cal. Prob. Code § 16048 — Uniform Prudent Investor Act
Cal. Prob. Code § 16048
- Type
- Statute
- Source
- California Probate Code
- Jurisdiction
- California
- Date
- 1996-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In making and implementing investment decisions, the trustee has a duty to diversify the investments of the trust unless, under the circumstances, it is prudent not to do so.
Citator
Cal. Prob. Code § 16048 — Uniform Prudent Investor Act is in force in the current edition of the Code, and nothing recorded condemns it.
In making and implementing investment decisions, the trustee has a duty to diversify the investments of the trust unless, under the circumstances, it is prudent not to do so.