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.
Tex. Prop. Code § 117.005
DIVERSIFICATION
Known as the Uniform Prudent Investor Act
The act spans §§ 117–117 (12 sections).
Added by Acts 2003, 78th Leg., ch. 1103, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.