3B: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.
Section: Previous 3b-20-11.2 3b-20-11.3 3b-20-11.4 3b-20-11.5 3b-20-11.6 3b-20-11.7 3b-20-11.8 3b-20-11.9 3b-20-11.10 3b-20-11.11 3b-20-11.12 3b-20-18 3b-20-19 3b-20-21 3b-20-22 Next
Last modified: October 11, 2016