Diversification

1. Law
2. District of Columbia Code
3. Descent, Distribution, and Trusts. [Enacted title]
4. Uniform Trust Code
5. Uniform Prudent Investor Act
6. 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.

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

Prior Codifications

2001 Ed., § 28-4703.

1981 Ed., § 28-4703.

Editor's Notes

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

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