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. History: Laws 2009, ch. 130, § 7. ANNOTATIONSEffective dates. — Laws 2009, ch. 130, § 12 provided that the act was effective July 1, 2009.
New Mexico Legal Code