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" ... with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent individual 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... "
Teamsters' Central States Pension Fund and General ERISA Enforcement ... - 909. lappuse
autors: United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight - 1977
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The Code of Federal Regulations of the United States of America

1996 - 884 lapas
...for the exclusive purpose of providing benefits and defraying reasonable administrative expenses, and with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1998 - 908 lapas
...the exclusive purpose of providing benefits and defraying reason-able administrative expenses, and with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting In a like capacity and familiar with such matters would use In the conduct of an enterprise...
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Code of Federal Regulations: Containing a Codification of Documents of ...

2000 - 966 lapas
...for the exclusive purpose of providing benefits and defraying reasonable administrative expenses, and with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use In the conduct of an enterprise...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1998 - 908 lapas
...for the exclusive purpose of providing benefits and defraying reasonable administrative expenses, and with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise...
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Code of Federal Regulations: Containing a Codification of Documents of ...

2002 - 706 lapas
...shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the...
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The Code of Federal Regulations of the United States of America

2000 - 668 lapas
...discharge his duties with respect to the trust fund solely in the interest of the beneficiaries and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the...
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Code of Federal Regulations: Containing a Codification of Documents of ...

2002 - 684 lapas
...discharge his duties with respect to the trust fund solely in the interest of the beneficiaries and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the...
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Private Welfare and Pension Plan Legislation, Hearings Before the General ...

United States. Congress. House. Education and Labor - 1970 - 990 lapas
...fund — "(A) solely in the interests of the participants and their beneficiaries; "(B) with the care under the circumstances then prevailing that a prudent man acting in a like capacity and famtliafc with such matters would use in the conduct of an enterprise of a like character and with...
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Private Welfare and Pension Plan Study, 1971: Hearings, Ninety-second ...

United States. Congress. Senate. Committee on Labor and Public Welfare. Subcommittee on Labor - 1971 - 1348 lapas
...fund— 5 (A) solely in the interests of the participants and 6 their beneficiaries ; 7 (B) with the care under the circumstances then prevailing that a prudent man acting in a like capacity 9 and familiar with such matters would use in the conduct 1° of an entei-prise of a like character...
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The Report of the President's Commission on Financial Structure and ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1973 - 244 lapas
...providing that, "a fiduciary shall discharge his duties with respect to the fund with the skill, care, prudence, and diligence under the circumstances then prevailing that a prudent man acting in like capacity and familiar with such matters would use in the conduct of an enterprise of a like character...
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