Prudent Conduct

Ala. Code § 45-49A-63.127, under Administration of Plan.

Ala. Code § 45-49A-63.127

The members of the board shall use that degree of care, skill, prudence, and diligence that a prudent person acting in a like capacity and familiar with such matters would use in a similar situation. (Act 97-689, p. 1379, § 8(7.08).)