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Kansas Stat.
2025 Kansas Statutes
Chapter 58 - Personal And Real Property
Article 36 - Uniform Prudent Management Of Institutional Funds Act
58-3621 Citation of act; purpose.
Universal Citation:
KS Stat § 58-3621 (2025)
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58-3621.
Citation of act; purpose.
(a) K.S.A. 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. 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, ยง 1; July 1.
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