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.
Ala. Code § 19-3C-7
Reviewing Compliance.
Known as the Alabama Uniform Prudent Management of Institutional Funds Act
The act spans §§ 19-3C-1 to 19-3C-9 (10 sections).
(Act 2008-276, p. 434, §2.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.