Rule expresses standard of conduct

N.J.S.A. 3B:20-11.9, under Chapter 20.

N.J.S.A. 3B:20-11.9

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.