Pennsylvania Statutes
§ 7317 — Investments which become unauthorized
Pennsylvania § 7317
This text of Pennsylvania § 7317 (Investments which become unauthorized) 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. § 7317 (2026).
Text
A fiduciary may retain without liability for resulting loss any investment which was authorized when received or made although such investment no longer qualifies as an authorized investment, provided he exercises due care and prudence in the disposition or retention of any such nonlegal investment.
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Nearby Sections
15
§ 7301
Definition of fiduciary§ 7303
Government obligations§ 7307
Corporate bonds§ 7308
Mortgages§ 7309
Fractional interests§ 7310
Stocks§ 7310.1
Further investment authority§ 7311
Real estate§ 7312
Ground rent§ 7313
Interest-bearing depositCite This Page — Counsel Stack
Bluebook (online)
Pennsylvania § 7317, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/20/7317.