72-38-905. Compliance determinations -- standards. 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.
History: En. Sec. 116, Ch. 264, L. 2013.
Structure Montana Code Annotated
Title 72. Estates, Trusts, and Fiduciary Relationships
Chapter 38. Montana Uniform Trust Code
Part 9. Uniform Prudent Investor Act
72-38-901. Prudent investor rule
72-38-902. Standard of care -- investments and management -- considerations
72-38-903. Diversification -- duty of trustee -- exception
72-38-904. Review of assets -- time for compliance
72-38-905. Compliance determinations -- standards
72-38-906. Interpretation of trust terms construing legal investments