55-14A-8. Application to existing institutional funds.
This chapter applies to institutional funds existing on or established after July 1, 2007. As applied to institutional funds existing on July 1, 2007, this chapter governs only decisions made or actions taken on or after that date. This chapter does not apply to any funds directly held or managed by a governmental agency.
Source: SL 2007, ch 283, ยง8.
Structure South Dakota Codified Laws
Title 55 - Fiduciaries and Trusts
Chapter 14A - Uniform Prudent Management Of Institutional Funds Act
Section 55-14A-1 - Short title.
Section 55-14A-2 - Definitions.
Section 55-14A-3 - Standard of conduct in managing and investing institutional fund.
Section 55-14A-5 - Delegation of management and investment functions.
Section 55-14A-6 - Release or modification of restrictions on management, investment, or purpose.
Section 55-14A-7 - Reviewing compliance.
Section 55-14A-8 - Application to existing institutional funds.
Section 55-14A-9 - Relation to Electronic Signatures in Global and National Commerce Act.
Section 55-14A-10 - Uniformity of application and construction.