Title 51 Chapter 8

Title 51Public Funds and Accounts (Download: PDF | RTF | WordPerfect)
Chapter 8Uniform Prudent Management of Institutional Funds Act (Download: PDF | RTF | WordPerfect)
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Section 101 Title.
Section 102 Definitions.
Section 201 General standard of care.
Section 202 Standards for managing and investing an institutional fund.
Section 301 Appropriation for expenditure or accumulation of endowment fund.
Section 302 Transferring management of endowment funds.
Section 303 Requirements of member institutions of the state system of higher education.
Section 304 Rebuttable presumption of imprudence -- Scope.
Section 401 Delegating management and investment functions.
Section 501 Process to release or modify restrictions on management, investment, or purpose.
Section 601 Reviewing compliance.
Section 602 Application to existing institutional funds.
Section 603 Relation to Electronic Signatures in Global and National Commerce Act.
Section 604 Uniformity of application and construction.
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