{"data":{"id":"us-la/rs-9-2127","jurisdiction":"us-la","citation":"RS 9:2127","heading":"Standard of care in investing and management","body":"Unless the trust instrument provides otherwise, a trustee shall invest and manage trust property as a prudent investor. In satisfying this standard, the trustee shall consider the purposes, terms, distribution requirements, and other circumstances of the trust. A trustee's investment and management decisions are to be evaluated in the context of the trust property as a whole and as part of an overall investment strategy having risk and return objectives reasonably suited to the trust. In investing within the limitations of the foregoing standard, a trustee is authorized to retain and acquire every kind of property.","path":["TITLE 9. CIVIL CODE-ANCILLARIES"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=106942","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:49:32Z","sha256":"dacf12a15da968fc3264a9e326816c44e312f9a2f688e40acc3d4d364e996283","source_id":"us-la","stale":false,"prev":"us-la/rs-9-2126","next":"us-la/rs-9-2128"},"notice":"GroundRules: Original legal text. Not legal advice."}