Utah Statutes
§ 53D-1-604 — Compliance not determined by hindsight.
Utah·Title 53D School and Institutional Trust Fund Management and Land Trusts Protection and Advocacy Office·Ch. 53D-1 School and Institutional Trust Fund Management Act·Part 53D-1-6 Management and Investment Standards and Principles
Compliance with a provision of this part in making a decision or taking an action is determined in light of the facts and circumstances existing at the time a decision is made or an action is taken and not by hindsight.
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Legislative History
Enacted by Chapter 426, 2014 General Session
Nearby Sections
15
§ 53D-1-102
Definitions.§ 53D-1-103
Application of other law.§ 53D-1-104
Attorney general representation.§ 53D-1-105
Annual audit by state auditor.§ 53D-1-202
Access to office records and personnel.§ 53D-1-203
Funding of office operations.§ 53D-1-301
Board of trustees -- Creation -- Membership.§ 53D-1-302
Board chair and vice chair -- Quorum.§ 53D-1-303
Board authority and duties.§ 53D-1-304
Board meetings -- Closed meetings.§ 53D-1-401
Appointment of director -- Qualifications -- Nature of employment -- Removal by petition.§ 53D-1-402
Director duties and responsibilities.§ 53D-1-403
Reports.