Compliance with this chapter is determined in light of the facts and circumstances existing at the time a decision is made or action is taken, and not by hindsight.
Structure Code of Alabama
Title 19 - Fiduciaries and Trusts.
Chapter 3C - Alabama Uniform Prudent Management of Industrial Funds Act.
Section 19-3C-1 - Short Title.
Section 19-3C-2 - Definitions.
Section 19-3C-3 - Standard of Conduct in Managing and Investing Institutional Funds.
Section 19-3C-5 - Delegation of Management and Investment Functions.
Section 19-3C-6 - Release or Modification of Restrictions on Management, Investment, or Purpose.
Section 19-3C-7 - Reviewing Compliance.
Section 19-3C-8 - Application to Existing Institutional Funds.
Section 19-3C-9 - Relation to Electronic Signatures in Global and National Commerce Act.
Section 19-3C-10 - Uniformity of Application and Construction.