Nebraska Statutes 30-3887. Reviewing compliance
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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.
Source
- Laws 1997, LB 54, § 9;
- R.S.1943, (1997), § 8-2209;
- Laws 2003, LB 130, § 87.
Terms Used In Nebraska Statutes 30-3887
- Action: shall include any proceeding in any court of this state. See Nebraska Statutes 49-801
- Trustee: A person or institution holding and administering property in trust.