Maine Revised Statutes Title 18-B Sec. 903 – Diversification
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Terms Used In Maine Revised Statutes Title 18-B Sec. 903
- Trustee: A person or institution holding and administering property in trust.
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. [PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).]
SECTION HISTORY
PL 2003, c. 618, §A1 (NEW). PL 2003, c. 618, §A2 (AFF).