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2013 Maine Revised Statutes
TITLE 18-B: TRUSTS
Chapter 9: MAINE UNIFORM PRUDENT INVESTOR ACT
18-B §903. Diversification


ME Rev Stat § 903 (2013 through 126th 1st Sp Sess) What's This?

Part 1: MAINE UNIFORM TRUST CODE HEADING: PL 2003, C. 618, PT. A, §1 (NEW); §2 (AFF) EFFECTIVE 7/1/05

903. 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. [2003, c. 618, Pt. A, 1 (NEW); 2003, c. 618, Pt. A, 2 (AFF).]

SECTION HISTORY

2003, c. 618, A1 (NEW). 2003, c. 618, A2 (AFF).

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