GEORGIA CODE (Last Updated: August 20, 2013) |
Title 44. PROPERTY |
Chapter 15. UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS |
Section 44-15-7. Compliance with provisions; effective date
Latest version.
- Compliance with this chapter shall be determined in light of the facts and circumstances existing at the time a decision is made or action is taken, and not by hindsight. This chapter applies to institutional funds existing on or established after July 1, 2008. As applied to institutional funds existing on July 1, 2008, this chapter governs only decisions made or actions taken on or after that date. This chapter shall not authorize electronic delivery of any legally required notice.
Code 1981, § 44-15-7, enacted by Ga. L. 2008, p. 149, § 1/HB 972.