Bill Texts: IN HB1331 | 2016 | Regular Session
Bill Title: Management of institutional funds. Provides that a chapter in the Indiana Code may be cited as the Uniform Prudent Management of Institutional Funds Act (UPMIFA). Makes the following changes to the UPMIFA: (1) Allows a donor to give an institution prior consent for release or modification of a restriction or charitable purpose in a gift instrument. (2) Allows an institution to release or modify a restriction in a fund established more than 20 years ago without court approval, if the value of an institutional fund is less than $250,000. (Under current law, the institutional fund must be less than $25,000.)
Spectrum: Bipartisan Bill
Status: (Passed) 2016-03-21 - Public Law 85 [HB1331 Detail]
Spectrum: Bipartisan Bill
Status: (Passed) 2016-03-21 - Public Law 85 [HB1331 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
---|---|---|---|---|
Enrolled | 2016-03-04 | Link | View | |
Engrossed | 2016-03-04 | Link | View | |
Engrossed | 2016-02-25 | Link | View | |
Amended | 2016-02-25 | Link | View | |
Amended | 2016-02-18 | Link | View | |
Amended | 2016-02-18 | Link | View | |
Amended | 2016-01-25 | Link | View | |
Introduced | 2016-01-25 | Link | View | |
Introduced | 2016-01-12 | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
---|---|---|---|---|---|
No bill amendments currently on file for Indiana HB1331 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
---|---|---|---|---|---|
No supplemental documents for Indiana HB1331 currently on file. |