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Statutes > Michigan Statutes > Chapter 700 - ESTATES AND PROTECTED INDIVIDUALS CODE > Act 386 of 1998 - ESTATES AND PROTECTED INDIVIDUALS CODE (700.1101 - 700.8206) > 386-1998-I - ARTICLE I DEFINITIONS, GENERAL PROVISIONS, AND COURT JURISDICTION (700.1101...700.1512) > 386-1998-I-5 - PART 5 PRUDENT INVESTOR RULE (700.1501...700.1512)

386-1998-I-5 - PART 5 PRUDENT INVESTOR RULE (700.1501...700.1512)

  • Section 700.1501 - Short title of part; definitions.
  • Section 700.1502 - Prudent investor rule.
  • Section 700.1503 - Portfolio strategy; risk and return objectives.
  • Section 700.1504 - Diversification.
  • Section 700.1505 - Duties at inception.
  • Section 700.1506 - Duties of fiduciary in interest of beneficiaries.
  • Section 700.1507 - Impartiality.
  • Section 700.1508 - Investment costs.
  • Section 700.1509 - Reviewing compliance.
  • Section 700.1510 - Delegation of investment and management functions.
  • Section 700.1511 - Language invoking standard of prudent investor rule.
  • Section 700.1512 - Application to existing fiduciary estates.




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