Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Extra - Chapter Notes - Enactment. Chapter 72 was added June 25, 1999, P.L.212, No.28,...
Section 7201 - Definitions - The following words and phrases when used in this chapter...
Section 7202 - Default rule - (a) General rule.--Except as otherwise provided by the governing instrument,...
Section 7203 - Prudent investor rule - (a) General rule.--A fiduciary shall invest and manage property held...
Section 7204 - Diversification - (a) Requirement.--Except as provided in section 7205 (relating to retention...
Section 7205 - Retention of inception assets - A fiduciary, in the exercise of reasonable care, skill and...
Section 7206 - Delegation - (a) Permissible delegation.--A fiduciary may delegate investment and management functions...
Section 7207 - Retention of cash; temporary investments - (a) Uninvested cash.--A fiduciary may hold cash uninvested: (1) which...
Section 7208 - Life insurance - A trustee may acquire or retain a contract of life...
Section 7209 - Mutual funds - Notwithstanding that a bank or trust company or an affiliate...
Section 7210 - Common trust fund and mortgage investment fund - Any corporate fiduciary and its cofiduciary, if any, may invest...
Section 7211 - Further investment authority - Unless a contrary intent is clearly expressed in the instrument,...
Section 7212 - Degree of care - A fiduciary shall exercise reasonable care, skill and caution in...
Section 7213 - Judgment of fiduciary's decisions - The rules of this chapter are standards of conduct and...
Section 7214 - Language invoking chapter - The following terms or words or words of similar import...