Statute · California Probate Code
Cal. Prob. Code § 16050 — Uniform Prudent Investor Act
Cal. Prob. Code § 16050
- Type
- Statute
- Source
- California Probate Code
- Jurisdiction
- California
- Date
- 1996-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, overall investment strategy, purposes, and other circumstances of the trust.
Citator
Cal. Prob. Code § 16050 — Uniform Prudent Investor Act is in force in the current edition of the Code, and nothing recorded condemns it.
In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, overall investment strategy, purposes, and other circumstances of the trust.