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" With the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims... "
Internal Revenue Cumulative Bulletin - Page 67
by United States. Internal Revenue Service - 1974
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Official Gazette, Volume 96, Issues 40-43

Philippines - 2000 - 748 pages
...administer the funds or property under its custody with the diligence that a prudent man would exercise in the conduct of an enterprise of a like character and with similar aims. No trust entity shall, for the account of the trustor or the beneficiary of the trust,...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 473

United States. Supreme Court - 1988 - 970 pages
...defraying reasonable expenses of administering the plan; "(B) with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent...enterprise of a like character and with like aims; "(C) by diversifying the investments of the plan so as to minimize the risk of large losses, unless...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1998 - 908 pages
...fiduciary shall discharge his duties with respect to a plan with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent...enterprise of a like character and with like aims. (b) Investment duties. (1) With regard to an investment or Investment course of action taken by a fiduciary...
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Code of Federal Regulations: Containing a Codification of Documents of ...

2002 - 1012 pages
...fiduciary shall discharge his duties with respect to a plan with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent...enterprise of a like character and with like aims. (b) Investment duties. (1) With regard to an investment or investment course of action taken by a fiduciary...
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The Code of Federal Regulations of the United States of America

1981 - 838 pages
...fiduciary shall discharge his duties with respect to a plan with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent...enterprise of a like character and with like aims. (b) Investment Duties. (1) With regard to an investment or investment course of action taken by a fiduciary...
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The Code of Federal Regulations of the United States of America

1996 - 884 pages
...fiduciary shall discharge his duties with respect to a plan with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent...of an enterprise of a like character and with like alms. (b) Investment duties. (1) With regard to an investment or investment course of action taken...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1999 - 660 pages
...care, skill, prudence, and diligence under the circumstance then prevailing which persons of prudence, acting in a like capacity and familiar with such matters,...enterprise of a like character and with like aims; except that: (i) Securities or other obligations of the Grantor, or any other owner or operator of...
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The Code of Federal Regulations of the United States of America

2004 - 1034 pages
...care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters...enterprise of a like character and with like aims. In addition, section 406(a)(D(C) requires generally that fiduciaries diversify plan assets so as to...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1997 - 638 pages
...care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters,...of an enterprise of a like character and with like alms; except that: (I) Securities or other obligations of the Grantor, or any other owner or operator...
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The Code of Federal Regulations of the United States of America

1989 - 1042 pages
...care, skill, prudence, and diligence under the circumstance then prevailing which persons of prudence, acting in a like capacity and familiar with such matters,...of an enterprise of a like character and with like alms; except that: (i) Securities or other obligations of the Grantor, or any other owner or operator...
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