There is a newer version of the Missouri Revised Statutes
2016 Missouri Revised Statutes
TITLE XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY (456-475)
Chapter 456 Trusts and Trustees--The Uniform Trust Code
Section 456.908 (Transferred 2004; now 469.908)
MO Rev Stat § 456.908 (2016) What's This?
469.908. 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.
(L. 1996 H.B. 1432, A.L. 2004 H.B. 1511)
Transferred 2004; formerly 456.908
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