ULC

Legislative Fact Sheet - Prudent Management of Institutional Funds Act

Act Prudent Management of Institutional Funds Act
Origin Completed by the Uniform Law Commissioners in 2006.
Description This act revises the Uniform Management of Institutional Funds Act of 1972, bringing the law governing charitable institutions in line with modern investment and expenditure practice.
Endorsements

(Approved by the American Bar Association; this act has been approved as Suggested State Legislation by the Council of State Governments (CSG))

 

 

Enactments Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, U.S. Virgin Islands, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
2017 Introductions
Staff Liaison(s) Benjamin Orzeske