New Jersey Statutes
§ 3B:20-11.9 — Rule expresses standard of conduct
New Jersey § 3B:20-11.9
JurisdictionNew Jersey
Title 3BADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
This text of New Jersey § 3B:20-11.9 (Rule expresses standard of conduct) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 3B:20-11.9 (2026).
Text
9.The prudent investor rule expresses a standard of conduct, not outcome. Compliance with the rule is determined in light of the facts and circumstances existing at the time of the fiduciary's decision or action. L.1997,c.26,s.9.
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Nearby Sections
15
§ 3B:20-1
Definitions§ 3B:20-11.1
Short title§ 3B:20-11.11
Construction of terms§ 3B:20-11.12
Applicability of act§ 3B:20-11.4
Diversification of investments§ 3B:20-11.6
Impartiality of fiduciary§ 3B:20-11.7
Review of trust assets§ 3B:20-11.8
Incurrence of costs by fiduciary§ 3B:20-11.9
Rule expresses standard of conductCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 3B:20-11.9, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/3B/3B%3A20-11.9.