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§ 564-b-9-905 — New Hampshire Law | CourtGPT
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New Hampshire Legal Code

§ 564-b-9-905

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564-B:9-905 Reviewing Compliance. – (a) Compliance with the prudent investor rule is determined: (1) in light of the facts and circumstances existing at the time of a trustee's decision or action and not by hindsight; and (2) by the trustee's conduct and not by the return realized from the investment and management of the trust assets. (b) A trustee's failure to realize a return that equals or exceeds any financial index is not evidence of a trustee's failure to comply with the prudent investor rule. Source. 2004, 130:1, eff. Oct. 1, 2004. 2014, 195:28, eff. July 1, 2014.