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Pennsylvania · Through 2026-03-18 (Statute Update stamp, 20 Pa.C.S.)

20 Pa.C.S. § 7317: Investments which become unauthorized.

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Where this section sits in the code
  1. Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
  2. CHAPTER 73 MUNICIPALITIES INVESTMENTS

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.

Collected 2026-09-02T16:31:33Z. Source file · JSON

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