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.
Tenn. Code Ann. § 35-14-110
Reviewing compliance
Known as the Tennessee Uniform Prudent Investor Act
The act spans §§ 35–35 (14 sections).
Applied in 1 court decision — leading case John D. Glass v. Suntrust Bank (2016)
Most recently applied in John D. Glass v. Suntrust Bank (May 2016)
Acts 2002, ch. 696, § 10.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.