Statutes > New Mexico Statutes > Chapter 46 - Fiduciaries and Trusts. > Article 9A - Uniform Prudent Management of Institutional Funds, 46-9A-1 through 46-9A-10. > Section 46-9A-7 - Reviewing compliance.

Section 46-9A-7 - Reviewing compliance.

46-9A-7. Reviewing compliance.

Compliance with the Uniform Prudent Management of Institutional Funds Act is determined in light of the facts and circumstances existing at the time a decision is made or action is taken and not by hindsight.