Compliance with this part 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.
Cal. Prob. Code § 18507
UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT
Known as the Uniform Prudent Management of Institutional Funds Act
The act spans §§ 18501–18510 (10 sections).
Repealed and added by Stats. 2008, Ch. 715, Sec. 4
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.