Statute · California Probate Code
Cal. Prob. Code § 16051 — Uniform Prudent Investor Act
Cal. Prob. Code § 16051
- Type
- Statute
- Source
- California Probate Code
- Jurisdiction
- California
- Date
- 1996-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Prob. Code § 16051 — Uniform Prudent Investor Act is in force in the current edition of the Code, and nothing recorded condemns it.
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.