Wyoming Statutes

§ 9-3-442 — Reviewing compliance

Wyoming·Title 09 Administration of the Government·Ch. 3 COMPENSATION AND BENEFITS·Art. 4 RETIREMENT
(a)Compliance by a trustee or other fiduciary with W.S. 9-3-438 through 9-3-440 shall be determined in light of the facts and circumstances existing at the time of the trustee or fiduciary's decision or action and not by hindsight.
(b)A trustee's investment and management decisions shall be evaluated not in isolation but in the context of the trust portfolio as a whole and as a part of an overall investment strategy having risk and return objectives reasonably suited to the program or appropriate grouping of programs.

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