Sec. 1. (a) This chapter applies to an institutional fund in existence after June 30, 2007.

     (b) For an institutional fund in existence before July 1, 2007, this chapter applies only to decisions made or actions taken after June 30, 2007.

As added by P.L.268-1989, SEC.1. Amended by P.L.226-2007, SEC.7.

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Terms Used In Indiana Code 30-2-12-1

  • institutional fund: means a fund held by an institution exclusively for charitable purposes. See Indiana Code 30-2-12-6