§ 557. Application to existing institutional funds. This article shall apply to institutional funds existing on or established after the effective date of this article. As applied to institutional funds existing on the effective date of this article, this article shall govern only decisions made or actions taken on or after that date.
Application to existing institutional funds
N.Y. Not-for-Profit Corporation Law § 557, under Prudent Management of Institutional Funds Act.
N.Y. Not-for-Profit Corporation Law § 557