An act adopted in 1992 to update necessary changes in trust investment law. The act made five changes to the Prudent Investor Act standard. The most significant change is the ability to judge the standard based on the whole portfolio rather than singular investments. It also granted trustees the right to delegate management functions.
Related information about Uniform Prudent Investor Act (UPIA):
- Uniform Prudent Investor Act - Wikipedia, the free encyclopedia
The Uniform Prudent Investor Act (UPIA), which was adopted in 1992 by the American Law Institute's Third Restatement of the Law of Trusts ("Restatement of ...
- Uniform Prudent Investor Act (UPIA) Definition | Investopedia
An updated trust investment law that reflects the changes that have occurred in investment practice since the late 1960s, specifically with regard to modern ...
- The Uniform Prudent Investor Act - Annotated | Prudent Investors ...
In order to help our clients understand and interpret the Uniform Prudent Investor Act (UPIA), Lee Anke has created an annotated version of the UPIA.
- Uniform Prudent Investor Act (UPIA) Law & Legal Definition
The Uniform Prudent Investor Act (UPIA) was adopted in 1992 by the American Law Institute's Third Restatement of the Law of Trusts. Under this act, fiduciaries ...
- FDIC: Trust Examination Manual
Oct 25, 2007 ... The Uniform Prudent Investor Act (UPIA) undertakes to update trust investment law in recognition of the alterations that have occurred in ...
- What is Uniform Prudent Investor Act (UPIA)? definition and meaning
Definition of Uniform Prudent Investor Act (UPIA): An act adopted in 1992 to update necessary changes in trust investment law. The act made five changes to the ...
- California Uniform Prudent Investor Act - Index Mutual Funds ...
The 1995 enactment of the California version of the Uniform Prudent Investor Act (UPIA) (Prob C งง16002(a),. 16003, 16045-16054) has caused estate planning ...
- Prudent Investor Act Summary
And a remedy is now at hand in the Uniform Prudent Investor Act (UPIA), promulgated by the Uniform Law Commissioners in 1994. The adoption of this act by ...