Sec. 8.
This act applies 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.
History: 2009, Act 87, Imd. Eff. Sept. 10, 2009
Structure Michigan Compiled Laws
Chapter 451 - Securities, Real Estate, and Debt Management
Act 87 of 2009 - Uniform Prudent Management of Institutional Funds Act (451.921 - 451.931)
Section 451.921 - Short Title.
Section 451.922 - Definitions.
Section 451.926 - Release or Modification of Restriction.
Section 451.927 - Compliance With Act; Existing Facts and Circumstances.
Section 451.928 - Applicability of Act.
Section 451.929 - Electronic Signatures.