Illinois Statutes
§ 903 — Diversification
Illinois·Topic RIGHTS AND REMEDIES·Ch. 760 TRUSTS AND FIDUCIARIES·Act 760 ILCS 3/ Illinois Trust Code.·Art. Article 9 - Illinois Prudent Investor Law; Life Insurance; Affiliated Investments
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.
Free access — add to your briefcase to read the full text and ask questions with AI
Illinois § 903 (Diversification) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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
Reviewing compliance