{"data":{"id":"us-ny/n.y.-not-for-profit-corporation-law-557","jurisdiction":"us-ny","citation":"N.Y. Not-for-Profit Corporation Law § 557","heading":"Application to existing institutional funds","body":"§ 557. Application to existing institutional funds.\n  This article shall apply to institutional funds existing on or\nestablished after the effective date of this article. As applied to\ninstitutional funds existing on the effective date of this article, this\narticle shall govern only decisions made or actions taken on or after\nthat date.","path":["Not-for-Profit Corporation Law","Article 5-A. Prudent Management of Institutional Funds Act"],"source_url":"https://legislation.nysenate.gov/api/3/laws/NPC/557","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"a6c0cd35e58325a8d53d0ebdebde1c758704a5b221adf536da6916fae67d8655","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-not-for-profit-corporation-law-556","next":"us-ny/n.y.-not-for-profit-corporation-law-558"},"notice":"GroundRules: Original legal text. Not legal advice."}