2005 Idaho Code - 68-501 — PRUDENT INVESTOR RULE

                                  TITLE  68
                            TRUSTS AND FIDUCIARIES
                                  CHAPTER 5
                         UNIFORM PRUDENT INVESTOR ACT
    68-501.  PRUDENT INVESTOR RULE. (1) Except as otherwise provided in
subsection (2) of this section, a trustee who invests and manages trust assets
owes a duty to the beneficiaries of the trust to comply with the prudent
investor rule set forth in this act.
    (2)  The prudent investor rule, a default rule, may be expanded,
restricted, eliminated or otherwise altered by the provisions of a trust.  A
trustee is not liable to a beneficiary to the extent that the trustee acted in
reasonable reliance on the provisions of the trust.

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