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

§ 16050

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

In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, overall investment strategy, purposes, and other circumstances of the trust.

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

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California Probate Code

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