History of Actions | Background | Title |
Description: Eleemosynary institutions; Uniform Management of Institutional Funds Act.
| 1 | 01/17/97 | (S) | Referred To Public Health and Welfare | |
| 2 | 02/04/97 | (S) | Died In Committee |
| Effective date | July 1, 1997 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
Senate Committee:
Principal Author: Frazier
Title: AN ACT TO BE CALLED THE UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT TO ESTABLISH GUIDELINES FOR THE MANAGEMENT AND USE OF INVESTMENTS HELD BY ELEEMOSYNARY INSTITUTIONS AND FUNDS; TO DEFINE CERTAIN TERMS RELATIVE TO THE ACT; TO PROVIDE A RULE OF CONSTRUCTION; TO PROVIDE FOR INVESTMENT AUTHORITY; TO PROVIDE FOR THE DELEGATION OF INVESTMENT MANAGEMENT; TO PRESCRIBE A STANDARD OF CONDUCT; TO PROVIDE FOR THE RELEASE OF RESTRICTIONS ON THE USE OR INVESTMENT OF AN INSTITUTIONAL FUND; AND FOR RELATED PURPOSES.
End Of Document
1997/History/SB\SB2704.htm