State Codes and Statutes
Statutes > New-jersey > Title-3b > Section-3b-20 > 3b-20-11-93B:20-11.9 Rule expresses standard of conduct
9. The prudent investor rule expresses a standard of conduct, not outcome. Compliance with the rule is determined in light of the facts and circumstances existing at the time of the fiduciary's decision or action.
L.1997,c.26,s.9.
