Arizona § 14-10901 Prudent investor rule

Arizona Statutes

§ 14-10901 — Prudent investor rule

Arizona § 14-10901

Title 14Arizona Revised Statutes

Ch. 11ARIZONA TRUST CODE

Art. 9Prudent Investor Rule

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Bluebook

Ariz. Rev. Stat. Ann. § 14-10901 (2026).

Text

A.Except as provided in subsection B, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule requirements of this article.

B.The prudent investor rule is a default rule and may be expanded, restricted, eliminated or otherwise altered by the provisions of a trust.

C.A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.

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A. Except as provided in subsection B, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule requirements of this article.

B. The prudent investor rule is a default rule and may be expanded, restricted, eliminated or otherwise altered by the provisions of a trust.

C. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.