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.
Vt. Stat. Ann. tit. 14A, § 905
Reviewing compliance
Known as the Vermont Trust Code
The act spans §§ 14–14 (107 sections).
Added 2009, No. 20, § 1.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.