2014 Idaho Statutes
Title 66 - STATE CHARITABLE INSTITUTIONS
Chapter 11 - FUNDS OF CHARITABLE INSTITUTIONS
Section 66-1104 - CHARITABLE INSTITUTIONS EARNINGS RESERVE FUND.
(2) Moneys shall be distributed out of the charitable institutions earnings reserve fund only to support the beneficiaries of the charitable institutions endowment, including distributions by the state board of land commissioners to the charitable institutions permanent endowment fund and the charitable institutions income fund; provided, that funds shall not be appropriated by the legislature from the charitable institutions earnings reserve fund except to pay for administrative costs incurred managing the assets of the charitable institutions endowment including, but not limited to, real property and monetary assets.
History:
[66-1104 added 1998, ch. 256, sec. 57, p. 848.]
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