Prudent Investor Rule. The Trustee has a duty to invest and manage the Trust Funds pursuant to the “Prudent Investor Rule” under 760 ILCS Section 5/5(a) of the ITTA. The Trustee, pursuant to 760 ILCS Section 5/5.1 of the ITTA, may delegate this investment function to a qualified investment advisor.
Appears in 4 contracts
Samples: Master Trust Agreement, Master Trust Agreement, Master Trust Agreement