Sec. 3. 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.
Ind. Code § 30-4-3.5-3
Diversification of investments
Known as the Indiana Uniform Prudent Investor Act
The act spans §§ 30-4-3.5-1 to 30-4-3.5-9 (13 sections).
As added by P.L.137-1999, SEC.3.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.