Compliance with the prudent investor rule shall be determined in light of the facts and circumstances existing at the time of a trustee's decision or action.
Mass. Gen. Laws ch. 203C, § 9
Determination of compliance with prudent investor rule
Known as the Massachusetts Prudent Investor Act
The act spans §§ 203–203 (11 sections).
Official source: Massachusetts Legislature. Reproduced from public-domain Massachusetts statutes; confirm against the official source for the current text. Not legal advice.