Pennsylvania Statutes
§ 7212 — Degree of care
A fiduciary shall exercise reasonable care, skill and caution in making and implementing investment and management decisions. A fiduciary who represents that he has special investment skills shall exercise those skills.
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Nearby Sections
15
§ 7201
Definitions§ 7202
Default rule§ 7203
Prudent investor rule§ 7204
Diversification§ 7206
Delegation§ 7208
Life insurance§ 7209
Mutual funds§ 7212
Degree of care