DIVISION 9. TRUST LAW 15000-19530›PART 4. TRUST ADMINISTRATION 16000-16504›CHAPTER 1. Duties of Trustees 16000-16105›ARTICLE 2.5. Uniform Prudent Investor Act 16045-16054

§ 16048

California Probate Code · 2020-11 edition · updated 2026-10-04 · California

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.)

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California Probate Code

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