11.100.047 - Fiduciary -- Duty to diversify. - Washington Statutes

Fiduciary — Duty to diversify.

Subject to the provisions of RCW 11.100.060 and any express provisions in the trust instrument to the contrary, a fiduciary shall diversify the investments of the trust unless the fiduciary reasonably determines that, because of special circumstances, the purposes of the trust are better served without diversifying.

[1995 c 307 § 5.]

Notes: Application -- 1995 c 307: See note following RCW 11.100.010.