Utah Code 75-7-905. Reviewing compliance
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Terms Used In Utah Code 75-7-905
- Trustee: A person or institution holding and administering property in trust.
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. This section does not require a specific outcome in investing.
Enacted by Chapter 89, 2004 General Session