7. Compliance with this act 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.
N.J. Stat. Ann. § 15:18-31
Compliance
Known as the Uniform Prudent Management of Institutional Funds Act
The act spans §§ 15:18-25 to 15:18-34 (10 sections).
L.2009, c.64, s.7.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.