Ala. Code § 19-3B-905
Current through the 2024 Regular Session.
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. The prudent investor rule does not guarantee a specific outcome or performance, but is a standard of conduct.
Ala. Code § 19-3B-905 (1975)