California Statutes
§ 16048. — 16048. (Added by Stats. 1995, Ch. 63, Sec. 6.)
California·Code PROB Probate Code - PROB·Div. 9. DIVISION 9. TRUST LAW·Part 4. PART 4. TRUST ADMINISTRATION·Ch. 1. CHAPTER 1. Duties of Trustees·Art. 2.5. ARTICLE 2.5. Uniform Prudent Investor Act
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.
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California § 16048. (16048. (Added by Stats. 1995, Ch. 63, Sec. 6.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1995, Ch. 63, Sec. 6. Effective January 1, 1996.