A fiduciary acting under a deed of trust or other trust instrument, who, in the exercise
of good faith and reasonable discretion, continues to hold any investments placed
in or added to a trust by the creator thereof, shall not be accountable for any loss
by reason of such continuance notwithstanding that such investments may not be authorized
by the laws of this state for the investment of trust funds.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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