{"data":{"id":"us-nj/n.j.-stat.-3b-20-11.9","jurisdiction":"us-nj","citation":"N.J. Stat. § 3B:20-11.9","heading":"Rule expresses standard of conduct","body":"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.\nL.1997,c.26,s.9.","path":["TITLE 3B ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"c6cccb6c43e578d2006d987e54ebe866ecbbf92e5779c26bdb62613268ee4047","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-3b-20-11.8","next":"us-nj/n.j.-stat.-3b-20-11.10"},"notice":"GroundRules: Original legal text. Not legal advice."}