MCL - 386-1998-I-5

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Chapter 700
Act 386 of 1998
386-1998-I
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ESTATES AND PROTECTED INDIVIDUALS CODE (EXCERPT)
Act 386 of 1998
Part 5
PRUDENT INVESTOR RULE
Document Type Description
Section 700.1501 Section Short title of part; definitions.
Section 700.1502 Section Prudent investor rule.
Section 700.1503 Section Portfolio strategy; risk and return objectives.
Section 700.1504 Section Diversification.
Section 700.1505 Section Duties at inception.
Section 700.1506 Section Duties of fiduciary in interest of beneficiaries.
Section 700.1507 Section Impartiality.
Section 700.1508 Section Investment costs.
Section 700.1509 Section Reviewing compliance.
Section 700.1510 Section Delegation of investment and management functions.
Section 700.1511 Section Language invoking standard of prudent investor rule.
Section 700.1512 Section Application to existing fiduciary estates.