Statutes, codes, and regulations
District of Columbia Official Code
Division III - DECEDENTS' ESTATES AND FIDUCIARY RELATIONSTitle 19 - DESCENT, DISTRIBUTION, AND TRUSTSChapter 13 - UNIFORM TRUST CODE
Subchapter IX - UNIFORM PRUDENT INVESTOR ACT
Section 19-1309.03 - Diversification

D.C. Code § 19-1309.03

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Current through codified legislation effective September 18, 2024
Section 19-1309.03 - Diversification

A trustee shall diversify the investments of the trust unless the trustee reasonably determines that, because of special circumstances, the purposes of the trust are better served without diversifying.

D.C. Code § 19-1309.03

Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.

Uniform Law: This section is based upon § 3 of the Uniform Prudent Investor Act.