Rhode Island General Laws 18-15-8. Reviewing compliance
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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.
History of Section.
P.L. 1996, ch. 276, § 1.
Terms Used In Rhode Island General Laws 18-15-8
- Trustee: A person or institution holding and administering property in trust.