Illinois Statutes
§ 903 — Diversification
Illinois § 903
JurisdictionIllinois
TopicRIGHTS AND REMEDIES
Ch. 760TRUSTS AND FIDUCIARIES
Act 760 ILCS 3/Illinois Trust Code.
Art.Article 9 - Illinois Prudent Investor Law; Life Insurance; Affiliated Investments
This text of Illinois § 903 (Diversification) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
760 Ill. Comp. Stat. 903 (2026).
Text
A trustee has a duty to diversify the investments of the trust unless, under the circumstances, the trustee reasonably believes it is in the interests of the beneficiaries and furthers the purposes of the trust not to diversify.
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Legislative History
(Source: P.A. 101-48, eff. 1-1-20 .)
Nearby Sections
10
§ 900
Article title§ 902
§ 902§ 903
Diversification§ 905
Court action§ 906
(Reserved)§ 907
(Reserved)§ 908
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Bluebook (online)
Illinois § 903, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/760/903.