36C-9-903. 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. (1999-215, s. 1; 2005-192, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 36C - North Carolina Uniform Trust Code
Article 9 - Uniform Prudent Investor Act.
§ 36C-9-901 - Prudent investor rule; applicability.
§ 36C-9-902 - Standard of care; portfolio strategy; risk and return objectives.
§ 36C-9-903 - Diversification.
§ 36C-9-903.1 - Duties as to life insurance.
§ 36C-9-904 - Duties at inception of trusteeship.
§ 36C-9-905 - Reviewing compliance.