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LEGAL TERMS DIRECTORY
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z Prudent Man Rule A standard by which a fiduciary is required to invest the funds under his care in some states. The standard demands that a fiduciary should act with the care, skill, prudence, and diligence that a prudent man who is familiar with such matters would use if he were acting under conditions in which the circumstances, his capacity, the character of the enterprise, and the goal of the enterprise were similar. This is a general standard adopted by some states. Other states, called legal list states, specify the particular investments a fiduciary may use. Welcome to our Legal Directory
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