Official Code of Georgia Annotated

Title 44. PROPERTY · Chapter 15. UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS

44-15-7. Compliance with provisions; effective date.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

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.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1981, § 44-15-7, enacted by Ga. L. 2008, p. 149, § 1/HB 972.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t44-ch8-15-(v32)-2022-pdf.pdf, Volume V32, 2022 edition, pages 902 to 903; merge action: carried; file SHA-256 02e72213893a.