Utah Code Ann. § 75B-2-905
Reviewing compliance.
Effective May 7, 2025Renumbered and Amended by Chapter 310, 2025 General Session
- (1) 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.
- (2) This section does not require a specific outcome in investing.
Renumbered and Amended by Chapter 310, 2025 General Session