Find Bill
Find Your Legislator
Legislative Deadlines
May 2, 2024
RSS Feed Permanent URL -A +A

2023 Statute



Prev Article 36. - MANAGEMENT OF INSTITUTIONAL FUNDSNext


58-3621. Citation of act; purpose. (a) K.S.A. 2023 Supp. 58-3621 through 58-3625, and amendments thereto, shall be known and may be cited as the donor intent protection act.

(b) The purpose of K.S.A. 2023 Supp. 58-3621 through 58-3625, and amendments thereto, is to provide legal recourse to an individual charitable donor when the donor's gift restrictions pursuant to an endowment agreement with a recipient charitable organization that governs an endowment fund containing only property gifted by such donor are not followed by the recipient charitable organization.

History: L. 2023, ch. 45, § 1; July 1.



Prev Article 36. - MANAGEMENT OF INSTITUTIONAL FUNDSNext
2024. Powered by KLISS. Rendered: 2024-05-02T10:45:34. Head Rev No: 770980(I)