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

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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
     (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.