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.
§ 45-7-609 NMSA 1978
Reviewing compliance
1978 Comp., § 45-7-609, enacted by Laws 1995, ch. 210, § 90.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.