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.
Mo. Rev. Stat. § 469.903
Diversification required, exception
Known as the Uniform Fiduciaries Law
The act spans §§ 469–469 (73 sections).
Effective: 28 Aug 2004; (L. 1996 H.B. 1432, A.L. 2004 H.B. 1511)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.