California Probate Code

§ 16051

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PROB § 16051 Effective Jan 1, 1996Div. 9 · Part 4 · Ch. 1 · Art. 2.5

Statute text

View on leginfo.ca.gov

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.

Legislative history

Added by Stats. 1995, Ch. 63, Sec. 6. Effective January 1, 1996.