Code Section

Probate Code - PROB

DIVISION 9. TRUST LAW [15000 - 19530]

  ( Division 9 enacted by Stats. 1990, Ch. 79. )
  

PART 4. TRUST ADMINISTRATION [16000 - 16504]

  ( Part 4 enacted by Stats. 1990, Ch. 79. )
  

CHAPTER 1. Duties of Trustees [1230.010 - 1273.050]

  ( Chapter 1 enacted by Stats. 1990, Ch. 79. )
  

ARTICLE 2.5. Uniform Prudent Investor Act [16045 - 16054]
  ( Article 2.5 added by Stats. 1995, Ch. 63, Sec. 6. )

  
16048.  

In making and implementing investment decisions, the trustee has a duty to diversify the investments of the trust unless, under the circumstances, it is prudent not to do so.

(Added by Stats. 1995, Ch. 63, Sec. 6. Effective January 1, 1996.)