Sec. 16. Compliance with this chapter shall be determined in light of the facts and circumstances existing at the time a decision is made or action is taken and not by hindsight.
Ind. Code § 30-2-12-16
Determination of compliance
Known as the Uniform Prudent Management of Institutional Funds Act
The act spans §§ 30-2-12-0.4 to 30-2-12-9 (24 sections).
As added by P.L.226-2007, SEC.19.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.