Uniform Prudent Investor Act

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. Browse all editions.

This is Article 9 of the Code of Virginia, titled “Uniform Prudent Investor Act.” It is part of Chapter 7 “Uniform Trust Code”, which is part of Subtitle III “Trusts”, which is part of Title 64.2 “Wills, Trusts, and Fiduciaries”. It contains 12 laws.

It’s comprised of the following 12 sections.

§ 64.2-780	Definition of terms
§ 64.2-781	Prudent investor rule
§ 64.2-782	Standard of care; portfolio strategy; risk and return objectives
§ 64.2-783	Diversification by trustee
§ 64.2-784	Duties at inception of trusteeship
§ 64.2-785	Loyalty and impartiality
§ 64.2-786	Investment costs
§ 64.2-787	Reviewing compliance
§ 64.2-788	Delegation of investment and management functions
§ 64.2-789	Language invoking standard of article
§ 64.2-790	Application to existing trusts
§ 64.2-791	Uniformity of application and construction