Mo. Rev. Stat. § 469.908

Current with changes from the 2023 Legislative Session
Section 469.908 - Prudent investor rule, standard

The prudent investor rule imposes a standard of conduct, but does not contemplate a specific outcome or performance. 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.

§ 469.908, RSMo

Transferred 2004; formerly 456.908

L. 1996 H.B. 1432, A.L. 2004H.B. 1511