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.
Mont. Code Ann. § 72-38-905
Compliance determinations -- standards
Known as the Montana Uniform Trust Code
The act spans §§ 72-38-1001 to 72-38-906 (139 sections).
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.