State Codes and Statutes

Statutes > Missouri > T31 > C469 > 469_908

Prudent investor rule, standard.

469.908. The prudent investor rule imposes a standard of conduct, butdoes not contemplate a specific outcome or performance. Compliance withthe prudent investor rule is determined in light of the facts andcircumstances existing at the time of a trustee's decision or action andnot by hindsight.

(L. 1996 H.B. 1432, A.L. 2004 H.B. 1511)

*Transferred 2004; formerly 456.908

State Codes and Statutes

Statutes > Missouri > T31 > C469 > 469_908

Prudent investor rule, standard.

469.908. The prudent investor rule imposes a standard of conduct, butdoes not contemplate a specific outcome or performance. Compliance withthe prudent investor rule is determined in light of the facts andcircumstances existing at the time of a trustee's decision or action andnot by hindsight.

(L. 1996 H.B. 1432, A.L. 2004 H.B. 1511)

*Transferred 2004; formerly 456.908


State Codes and Statutes

State Codes and Statutes

Statutes > Missouri > T31 > C469 > 469_908

Prudent investor rule, standard.

469.908. The prudent investor rule imposes a standard of conduct, butdoes not contemplate a specific outcome or performance. Compliance withthe prudent investor rule is determined in light of the facts andcircumstances existing at the time of a trustee's decision or action andnot by hindsight.

(L. 1996 H.B. 1432, A.L. 2004 H.B. 1511)

*Transferred 2004; formerly 456.908