Cal. Prob. Code § 16048

Current through the 2023 Legislative Session.

Section 16048 - Duty to diversity investments

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.

Ca. Prob. Code § 16048

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