HRS §554D-903
Trustees must spread out trust investments unless special reasons apply
A trustee must spread out the trust's investments to reduce risk. But if special circumstances or the trust's own instructions make it better not to spread out, the trustee can decide not to. This decision must be reasonable.
trustees
The statute, as written — Diversification
A trustee shall diversify the investments of the trust unless the trustee reasonably determines that, because of special circumstances or directives of the trust, the purposes of the trust are better served without diversifying.
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