This chapter applies to institutional funds existing on or established after January 23, 2008. As applied to institutional funds existing on January 23, 2008, this chapter governs only decisions made or actions taken on or after that date.
(Jan. 23, 2008, D.C. Law 17-69, § 8, 54 DCR 11650.)
Uniform Law: This section is based upon § 8 of the Uniform Prudent Management of Institutional Funds Act of 2007.