{"code":"PROB","codeName":"Probate Code","section":"18507","citation":"Prob. Code, § 18507","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 9. TRUST LAW [15000. - 19530.]","url":"https://blackletter.si/probate-code/division-9"},{"name":"PART 7. UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT [18501. - 18510.]","url":"https://blackletter.si/probate-code/division-9/part-7"}],"history":"Repealed and added by Stats. 2008, Ch. 715, Sec. 4.   Effective January 1, 2009.","effective":"2009-01-01","html":"<p>Compliance with this part 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.</p>","text":"Compliance with this part 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.","otherVersions":[],"url":"https://blackletter.si/probate-code/uniform-prudent-management-of-institutional-funds-act-18507","source":"California Legislative Information bulk export (pubinfo)"}