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.
Structure Arkansas Code
Title 28 - Wills, Estates, and Fiduciary Relationships
Subtitle 5 - Fiduciary Relationships
Chapter 73 - Arkansas Trust Code
Subchapter 9 - Uniform Prudent Investor Act
§ 28-73-901. Prudent investor rule
§ 28-73-902. Standard of care — Portfolio strategy — Risk and return objectives
§ 28-73-904. Duties at inception of trusteeship
§ 28-73-905. Reviewing compliance
§ 28-73-906. Language invoking standard of subchapter