HRS §554D-905
Judging trustee decisions by what was known then
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
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.