TITLE 44 PROPERTY

Section 15. Uniform Prudent Management of Institutional Funds, 44-15-1 through 44-15-8.

ARTICLE 9 LIS PENDENS

44-15-7. Compliance with provisions; effective date.

Compliance with this chapter shall be determined in light of the facts and circumstances existing at the time a decision is made or action is taken, and not by hindsight. This chapter applies to institutional funds existing on or established after July 1, 2008. As applied to institutional funds existing on July 1, 2008, this chapter governs only decisions made or actions taken on or after that date. This chapter shall not authorize electronic delivery of any legally required notice.

(Code 1981, §44-15-7, enacted by Ga. L. 2008, p. 149, § 1/HB 972.)