§ 7317. Investments which become unauthorized.
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/pa/title-20/chapter-73/7317A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 7317. Investments which become unauthorized.
A fiduciary may retain without liability for resulting loss any investment which was authorized when received or made although such investment no longer qualifies as an authorized investment, provided he exercises due care and prudence in the disposition or retention of any such nonlegal investment.
20c7318s