Home/Pennsylvania/Statutes/Title 20: DECEDENTS, ESTATES AND FIDUCIARIES/Ch. 72: PRUDENT INVESTOR RULE/§ 7205
Pennsylvania Statutes

§ 7205 — Retention of inception assets

Pennsylvania § 7205
JurisdictionPennsylvania
Title 20DECEDENTS, ESTATES AND FIDUCIARIES
Ch. 72PRUDENT INVESTOR RULE

This text of Pennsylvania § 7205 (Retention of inception assets) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
20 Pa. Cons. Stat. § 7205 (2026).

Text

A fiduciary, in the exercise of reasonable care, skill and caution, may retain any asset received in kind, even though the asset constitutes a disproportionally large share of the portfolio.

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Legislative History

Cross References.Section 7205 is referred to in section 7204 of this title.

Nearby Sections

15
§ 7201
Definitions
§ 7202
Default rule
§ 7203
Prudent investor rule
§ 7204
Diversification
§ 7205
Retention of inception assets
§ 7206
Delegation
§ 7207
Retention of cash; temporary investments
§ 7208
Life insurance
§ 7209
Mutual funds
§ 721
Venue of decedents', minors' and incapacitated persons' estates
§ 7210
Common trust fund and mortgage investment fund
§ 7211
Further investment authority
§ 7212
Degree of care
§ 7213
Judgment of fiduciary's decisions
§ 7214
Language invoking chapter
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Bluebook (online)
Pennsylvania § 7205, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/20/7205.