§ 18-15-10 — § 18-15-10. Language invoking standard of chapter.
This text of Rhode Island § 18-15-10 (§ 18-15-10. Language invoking standard of chapter.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
§ 18-15-10. Language invoking standard of chapter.
The following terms or comparable language in the provisions of a trust, unless otherwise limited or modified, authorize any investment or strategy permitted under this chapter: "investments permissible by law for investment of trust funds,� "legal investments,� "authorized investments,� "using the judgment and care under the circumstances then prevailing that persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not in regard to speculation but in regard to the permanent disposition of their funds, considering the probable income as well as the
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Rhode Island § 18-15-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/18-15-10.