This chapter applies to institutional funds existing on or established after the effective date of this chapter. As applied to institutional funds existing on the effective date of this chapter, this chapter governs only decisions made or actions taken on or after that date.
R.I. Gen. Laws § 18-12.1-8
Application to existing institutional funds
Known as the Uniform Prudent Management of Institutional Funds Act
The act spans §§ 18-12.1-1 to 18-12.1-9 (10 sections).
P.L. 2009, ch. 61, § 2; P.L. 2009, ch. 63, § 2.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.