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2022 Michigan Compiled Laws
Chapter 451 - Securities, Real Estate, and Debt Management
Act 87 of 2009 - Uniform Prudent Management of Institutional Funds Act (451.921 - 451.931)
Section 451.927 - Compliance With Act; Existing Facts and Circumstances.
Universal Citation:
MI Comp L § 451.927 (2022)
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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
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