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.
N.C. Gen. Stat. § 36C-9-903
Diversification
Known as the North Carolina Uniform Prudent Investor Act
The act spans §§ 36C-9-901 to 36C-9-907 (8 sections).
1999-215, s. 1; 2005-192, s. 2.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.