This chapter applies to institutional funds existing on or established after January 1, 2009. As applied to institutional funds existing on January 1, 2009, this chapter governs only decisions made or actions taken on or after that date. (Act 2008-276, p. 434, §2.)
Application to Existing Institutional Funds
Ala. Code § 19-3C-8, under Alabama Uniform Prudent Management of Institutional Funds Act.
Ala. Code § 19-3C-8