36C-9-905. Reviewing compliance.
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. (1999-215, s. 1; 2005-192, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 36C - North Carolina Uniform Trust Code
Article 9 - Uniform Prudent Investor Act.
§ 36C-9-901 - Prudent investor rule; applicability.
§ 36C-9-902 - Standard of care; portfolio strategy; risk and return objectives.
§ 36C-9-903 - Diversification.
§ 36C-9-903.1 - Duties as to life insurance.
§ 36C-9-904 - Duties at inception of trusteeship.
§ 36C-9-905 - Reviewing compliance.