Massachusetts General Laws

Mass. Gen. Laws ch. 203C, § 9 (2026)

Determination of compliance with prudent investor rule

✓ current as of July 2026
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Section 9. Compliance with the prudent investor rule shall be determined in light of the facts and circumstances existing at the time of a trustee's decision or action.

Notes of Decisions
Cited in 1 case, 2014–2014 · leading case: The Woodward Sch. for Girls, Inc. v. City of Quincy, 13 N.E.3d 579 (Mass. 2014).
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The Woodward Sch. for Girls, Inc. v. City of Quincy, 13 N.E.3d 579 (Mass. 2014). · cites it 2× “Even without the benefit of hindsight, see G. L. c. 203C, § 9, it is clear that Quincy did not take any steps to protect the Adams Fund’s principal against inflation.”
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