Compliance with sections 309.73 to 309.77 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.
Minn. Stat. § 309.76
REVIEWING COMPLIANCE.
Known as the Uniform Prudent Management of Institutional Funds Act
The act spans §§ 309.50–309.77 (28 sections).
2008 c 188 s 7
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.