{"data":{"id":"us-id/idaho-code-68-501","jurisdiction":"us-id","citation":"Idaho Code § 68-501","heading":"Prudent investor rule.","body":"(1) Except as otherwise provided in subsection (2) of this section, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in this act.\n(2) The prudent investor rule, a default rule, may be expanded, restricted, eliminated or otherwise altered by the provisions of a trust. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.","path":["TITLE 68 TRUSTS AND FIDUCIARIES","CHAPTER 5 UNIFORM PRUDENT INVESTOR ACT"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title68/t68ch5/sect68-501/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:24:29Z","sha256":"833f063c6b7b80ec8c7c65f28664cbb344213f2008178c31d5118aea8a8ecaa5","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-68-407","next":"us-id/idaho-code-68-502"},"notice":"GroundRules: Original legal text. Not legal advice."}