[§554C-10]  Language invoking standard of
chapter.  The following terms or comparable language in the provisions of a
trust, unless otherwise limited or modified, authorizes any investment or
strategy permitted under this chapter:  "investments permissible by law
for investment of trust funds", "legal investments",
"authorized investments", "using the judgment and care under the
circumstances then prevailing that persons of prudence, discretion, and
intelligence exercise in the management of their own affairs, not in regard to
speculation but in regard to the permanent disposition of their funds,
considering the probable income as well as the probable safety of their
capital", "prudent man rule", "prudent trustee rule",
"prudent person rule", and "prudent investor rule". [L
1997, c 26, pt of §1]