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Idaho Code § 68-503

Diversification

Known as the Idaho Uniform Prudent Investor Act

The act spans §§ 68–68 (14 sections).

Applied in 1 court decision — leading case Terteling v. Terteling (2024)

Most recently applied in Terteling v. Terteling (November 2024)

I.C., § 68-503, as added by 1997, ch. 14, § 2, p. 14.

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.

Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.