75B-2-905. Reviewing compliance.
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Effective 5/7/2025
75B-2-905. Reviewing compliance.
(1)Compliance with the prudent investor rule is determined in light of the facts and circumstances existing at the time of a trustee's decision or action and not by hindsight.
(2)This section does not require a specific outcome in investing.
Renumbered and Amended by Chapter 310 , 2025 General Session