8. This act shall apply to institutional funds existing on or established after the effective date of this act. As applied to institutional funds existing on the effective date of this act, this act governs only decisions made or actions taken on or after that date.
N.J. Stat. Ann. § 15:18-32
Inapplicability of act
Known as the Uniform Prudent Management of Institutional Funds Act
The act spans §§ 15:18-25 to 15:18-34 (10 sections).
L.2009, c.64, s.8.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.