Section 451.927 - Compliance with act; existing facts and circumstances.
UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (EXCERPT)
Act 87 of 2009
451.927 Compliance with act; existing facts and circumstances.
Sec. 7.
Compliance with this act shall be determined in light of the facts and circumstances existing at the time a decision is made or action is taken and not by hindsight.
History: 2009, Act 87, Imd. Eff. Sept. 10, 2009