2010 Pennsylvania Code
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 72 - Prudent Investor Rule
7211 - Further investment authority.

     § 7211.  Further investment authority.
        Unless a contrary intent is clearly expressed in the
     instrument, the authority to invest in specified types of
     investments includes authorization to invest in a mutual fund,
     or in any common or collective trust fund established and
     maintained by a corporate fiduciary, or by any affiliate of a
     corporate fiduciary within the meaning of section 1504 of the
     Internal Revenue Code of 1986 (Public Law 99-514, 26 U.S.C. §
     1504) or any successor provision, if the portfolio of the mutual
     fund or of the common or collective trust fund consists of the
     specified types of investments and is otherwise in conformity
     with the laws of this Commonwealth and of the United States.