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2010 Pennsylvania Code
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 72 - Prudent Investor Rule
7214 - Language invoking chapter.

     § 7214.  Language invoking chapter.
        The following terms or words or words of similar import in
     the provisions of a trust, unless otherwise limited or modified,
     shall authorize any investment or investment strategy permitted
     under this chapter: "investments permissible by law for
     investment of trust funds," "legal investments," "authorized
     investments," "using the judgment and care under the
     circumstances then prevailing that persons of prudence,
     discretion and intelligence exercise in the management of their
     own affairs, not in regard to speculation but in regard to the
     permanent disposition of their own funds, considering the
     probable income as well as the probable safety of their
     capital," "prudent man rule," "prudent trustee rule," "prudent
     person rule" and "prudent investor rule."

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