{"code":"PROB","codeName":"Probate Code","section":"16050","citation":"Prob. Code, § 16050","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 9. TRUST LAW [15000. - 19530.]","url":"https://blackletter.si/probate-code/division-9"},{"name":"PART 4. TRUST ADMINISTRATION [16000. - 16632.]","url":"https://blackletter.si/probate-code/division-9/part-4"},{"name":"CHAPTER 1. Duties of Trustees [16000. - 16110.]","url":"https://blackletter.si/probate-code/division-9/part-4/chapter-1"},{"name":"ARTICLE 2.5. Uniform Prudent Investor Act [16045. - 16054.]","url":"https://blackletter.si/probate-code/division-9/part-4/chapter-1/article-2.5"}],"history":"Added by Stats. 1995, Ch. 63, Sec. 6.   Effective January 1, 1996.","effective":"1996-01-01","html":"<p>In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, overall investment strategy, purposes, and other circumstances of the trust.</p>","text":"In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, overall investment strategy, purposes, and other circumstances of the trust.","otherVersions":[],"url":"https://blackletter.si/probate-code/uniform-prudent-investor-act-16050","source":"California Legislative Information bulk export (pubinfo)"}