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2017 Pennsylvania Consolidated Statutes
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 72 - Prudent Investor Rule
Section 7205 - Retention of inception assets
Universal Citation: 20 PA Cons Stat § 7205 (2017)
§ 7205. Retention of inception assets.
A fiduciary, in the exercise of reasonable care, skill and caution, may retain any asset received in kind, even though the asset constitutes a disproportionally large share of the portfolio.
Cross References. Section 7205 is referred to in section 7204 of this title.
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