Sec. 16. Compliance with this chapter shall be determined in light of the facts and circumstances existing at the time a decision is made or action is taken and not by hindsight. As added by P.L.226-2007, SEC.19.
Determination of compliance
Ind. Code § 30-2-12-16, under Uniform Management of Institutional Funds Act.
Ind. Code § 30-2-12-16