---
title: O.C.G.A. § 44-15-7. Compliance with provisions; effective date.
collection: code
id: 44-15-7
cite_as: O.C.G.A. § 44-15-7 (2025)
canonical_url: https://georgiacommons.org/code/44-15-7
md_url: https://georgiacommons.org/code/44-15-7.md
text_url: https://georgiacommons.org/code/44-15-7/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t44-ch8-15-(v32)-2022-pdf.pdf?sfvrsn=9e9e06de_0#page=902
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/44-15.md
previous: https://georgiacommons.org/code/44-15-6.md
next: https://georgiacommons.org/code/44-15-8.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: PROPERTY / UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS
---

# O.C.G.A. § 44-15-7. Compliance with provisions; effective date.

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.

## History

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