Maine Revised Statutes

§905. Reviewing compliance

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. [2003, c. 618, Pt. A, §1 (NEW); 2003, c. 618, Pt. A, §2 (AFF).]

SECTION HISTORY
2003, c. 618, §A1 (NEW). 2003, c. 618, §A2 (AFF). RR 2011, c. 1, §22 (COR).