Missouri Laws 469.908 – Prudent investor rule, standard
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Terms Used In Missouri Laws 469.908
- Trustee: A person or institution holding and administering property in trust.
The prudent investor rule imposes a standard of conduct, but does not contemplate a specific outcome or performance. 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.