A Few Facts About The...

UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT

PURPOSE:
To authorize institutions to treat, as income, many book value capital gains on growth stocks.

ORIGIN:
Completed by the Uniform Law Commissioners in 1972.

APPROVED BY:
American Bar Association

STATE ADOPTIONS:
Alabama
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
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming





 
For any further information regarding the Uniform Management of Institutional Funds Act,
please contact Kieran Marion or Katie Robinson at 312-450-6600.
 
© 2002 National Conference of Commissioners on Uniform State Laws
111 North Wabash Ave., Suite 1010
Chicago, Illinois 60602

tel: (312) 450-6600 | fax: (312) 450-6601 | e-mail: nccusl@nccusl.org