Home/North Carolina/Statutes/Ch. 36E: Uniform Prudent Management of Institutional Funds Act/§ 36E-7
North Carolina Statutes

§ 36E-7 — Reviewing compliance

North Carolina·Ch. 36E Uniform Prudent Management of Institutional Funds Act
Compliance with this Chapter 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. (2009-8, s. 2.)

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Nearby Sections

11
§ 36E-1
Short title
§ 36E-10
Conflict with other law; exemptions
§ 36E-11
Uniformity of application and construction
§ 36E-2
Definitions
§ 36E-3
Standard of conduct in managing and investing institutional fund
§ 36E-4
Appropriation for expenditure or accumulation of endowment fund; rules of construction
§ 36E-5
Delegation of management and investment functions
§ 36E-6
Release or modification of restrictions on management, investment, or purpose
§ 36E-7
Reviewing compliance
§ 36E-8
Application to existing institutional funds
§ 36E-9
Relation to Electronic Signatures in Global and National Commerce Act
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