Section 700.1504 Diversification.

MI Comp L § 700.1504 (2019) (N/A)
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Sec. 1504.

A fiduciary shall diversify the investments of a fiduciary estate unless the fiduciary reasonably determines that, because of special circumstances, the purposes of the fiduciary estate are better served without diversifying.

History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC