HRS §554D-905
Judging trustee decisions by what was known then
Read the official text at capitol.hawaii.gov ↗This section says a trustee's investment choices are judged by the facts and situation at the time the trustee made the decision, not by what happened later. It protects trustees from being second-guessed with hindsight.
trustees
The statute, as written — Reviewing compliance
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
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.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.