Washington Code 11.100.047 – Fiduciary — Duty to diversify
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Subject to the provisions of RCW 11.100.060 and any express provisions in the trust instrument to the contrary, a fiduciary shall diversify the investments of the trust unless the fiduciary reasonably determines that, because of special circumstances, the purposes of the trust are better served without diversifying.
[ 1995 c 307 § 5.]
NOTES:
Application—1995 c 307: See note following RCW 11.100.010.
Terms Used In Washington Code 11.100.047
- Fiduciary: A trustee, executor, or administrator.