State Codes and Statutes

Statutes > Utah > Title-75 > Chapter-07 > 75-7-905

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.

Enacted by Chapter 89, 2004 General Session

State Codes and Statutes

Statutes > Utah > Title-75 > Chapter-07 > 75-7-905

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.

Enacted by Chapter 89, 2004 General Session