Compliance with this chapter is determined in light of the facts and circumstances existing at the time a decision is made or action is take, and not by hindsight.
R.I. Gen. Laws § 18-12.1-7
Reviewing compliance
Known as the Uniform Prudent Management of Institutional Funds Act
The act spans §§ 18-12.1-1 to 18-12.1-9 (10 sections).
P.L. 2009, ch. 61, § 2; P.L. 2009, ch. 63, § 2.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.