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.
99 Acts, ch 125, §68, 109
C2001, §633.4308
CS2005, §633A.4308
Iowa Code § 633A.4308
Reviewing compliance
Known as the Iowa Trust Code
The act spans §§ 633A.1101 to 633A.6308 (136 sections).
2005 Acts, ch 38, §54
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.