Compliance with the prudent investor rule is determined in light of the facts and circumstances existing at the time of a trustee’s decision or action and not by hindsight.
(Added by Stats. 1995, Ch. 63, Sec. 6. Effective January 1, 1996.)
Section 16051
Prob. Code § 16051, under Uniform Prudent Investor Act.
Prob. Code § 16051