RCW 24.55.055
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.
[ 2009 c 436 § 7.]
Structure Revised Code of Washington
Title 24 - Corporations and Associations (Nonprofit)
Chapter 24.55 - Prudent Management of Institutional Funds Act.
24.55.007 - Uniformity of application and construction.
24.55.015 - Standard of conduct in managing and investing institutional fund.
24.55.025 - Appropriation for expenditure or accumulation of endowment fund—Rules of construction.
24.55.035 - Delegation of management and investment functions.
24.55.045 - Release or modification of restrictions on management, investment, or purpose.
24.55.055 - Reviewing compliance.
24.55.065 - Application to existing institutional funds.
24.55.075 - Relation to electronic signatures in global and national commerce act.