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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 20:
Section: 3B:20-11.9: Rule expresses standard of conduct
9. The prudent investor rule expresses a standard of conduct, not outcome. Compliance with the rule is determined in light of the facts and circumstances existing at the time of the fiduciary's decision or action.
L.1997,c.26,s.9.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 3b:20-11.9 (if available):
Court decisions that cite this statute:
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