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 Mississippi Code
Chapter 9 - Trusts and Trustees
Article 13 - Uniform Prudent Investor Act
§ 91-9-601. Prudent investor rule
§ 91-9-603. Standard of care; portfolio strategy; risk and return
§ 91-9-607. Duties at inception of trusteeship
§ 91-9-615. Reviewing compliance
§ 91-9-617. Delegation of investment and management
§ 91-9-619. Language invoking standard of article
§ 91-9-621. Application to existing trusts