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UTAH STATUTES AND CODES
75-7-905 - Reviewing compliance.
75-7-905. Reviewing compliance.
Compliance with the prudent investor rule is determined in light of the facts andcircumstances existing at the time of a trustee's decision or action and not by hindsight. Thissection does not require a specific outcome in investing.
Compliance with the prudent investor rule is determined in light of the facts andcircumstances existing at the time of a trustee's decision or action and not by hindsight. Thissection does not require a specific outcome in investing.
Enacted by Chapter 89, 2004 General Session
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