33-5007. REVIEWING COMPLIANCE. 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.
History:
[33-5007, added 2007, ch. 173, sec. 2, p. 516.]
Structure Idaho Code
Chapter 50 - UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT
Section 33-5001 - SHORT TITLE.
Section 33-5002 - DEFINITIONS.
Section 33-5003 - STANDARD OF CONDUCT IN MANAGING AND INVESTING INSTITUTIONAL FUND.
Section 33-5005 - DELEGATION OF MANAGEMENT AND INVESTMENT FUNCTIONS.
Section 33-5006 - RELEASE OR MODIFICATION OF RESTRICTIONS ON MANAGEMENT, INVESTMENT OR PURPOSE.
Section 33-5007 - REVIEWING COMPLIANCE.
Section 33-5008 - APPLICATION TO EXISTING INSTITUTIONAL FUNDS.
Section 33-5009 - RELATION TO ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL COMMERCE ACT.
Section 33-5010 - UNIFORMITY OF APPLICATION AND CONSTRUCTION.