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Section 9-3-442 - Reviewing Compliance — Wyoming Law | CourtGPT
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Wyoming Legal Code

Section 9-3-442 - Reviewing Compliance

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9-3-442. Reviewing compliance. (a) Compliance by a trustee or other fiduciary with W.S. 9-3-438 through 9-3-440 shall be determined in light of the facts and circumstances existing at the time of the trustee or fiduciary's decision or action and not by hindsight. (b) A trustee's investment and management decisions shall be evaluated not in isolation but in the context of the trust portfolio as a whole and as a part of an overall investment strategy having risk and return objectives reasonably suited to the program or appropriate grouping of programs.