Title 18-B: TRUSTS

Part 1: MAINE UNIFORM TRUST CODE

Chapter 9: MAINE UNIFORM PRUDENT INVESTOR ACT

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

SECTION HISTORY

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