The General Assembly may, from time to time, by law, prescribe the nature and kind of investments for trust funds to be made to executors, administrators, trustees, guardians and other fiduciaries.
Summary: Allows the legislature to prescribe the kind and nature of investments for trust funds to be made by executors, administrators, trustees, guardians, and other fiduciaries
No act of the General Assembly shall authorize the investment of trust funds by executors, administrators, guardians or other trustees, in the bonds or stock of any private corporation, and such acts now existing are avoided saving investments heretofore made.
