North Carolina General Statutes 36C-9-905. Reviewing compliance
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Terms Used In North Carolina General Statutes 36C-9-905
- Trustee: A person or institution holding and administering property in trust.
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. (1999-215, s. 1; 2005-192, s. 2.)