California Statutes

§ 16048. — 16048. (Added by Stats. 1995, Ch. 63, Sec. 6.)

California § 16048.
JurisdictionCalifornia
Code PROBProbate 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

This text of California § 16048. (16048. (Added by Stats. 1995, Ch. 63, Sec. 6.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Probate Code - PROB Code § 16048. (2026).

Text

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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Legislative History

Added by Stats. 1995, Ch. 63, Sec. 6. Effective January 1, 1996.
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California § 16048., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PROB/16048..