§ 18-15-10 — § 18-15-10. Language invoking standard of chapter.
§ 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 (§ 18-15-10. Language invoking standard of chapter.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.