Title Minnesota Statutes, Minnesota Statutes

309.531 REGISTRATION OF PROFESSIONAL FUNDRAISERS. § Subdivision 1.General requirements. No person shall act as a professional fundraiser unless registered with the attorney general. The registration statement must be in writing, under oath, in the form prescribed by the attorney …

309.533 INVESTIGATIONS. § Subdivision 1.Attorney general investigation powers. The attorney general: (a) may make public or private investigations within or outside the state as deemed necessary by the attorney general to determine whether any person has violated or is about to v…

309.54 RECORDS. § Subdivision 1.Filed documents are public records. Registration statements, annual reports, and other documents required to be filed shall become public records in the Office of the Attorney General. § Subd. 2.Inspection by attorney general. Every person subject …

309.55 PROHIBITED PRACTICES. § Subdivision 1.Use of names. No charitable organization or person acting for a charitable organization shall use the name of any other person (except that of an officer, director or trustee of the charitable organization by or for which contributions…

309.556 PUBLIC DISCLOSURE REQUIREMENTS. § Subdivision 1.Identity of organization; percentage of deductibility; description of program. Prior to orally requesting a contribution or contemporaneously with a written request for a contribution, the following information shall be clea…

309.56 SERVICE OF PROCESS. § Subdivision 1.Manner. Any charitable organization or professional fundraiser which solicits contributions in this state, but does not maintain an office within the state shall be subject to service of process, as follows: (a) By service thereof on its…

309.57 DISTRICT COURT JURISDICTION, PENALTIES, ENFORCEMENT. § Subdivision 1.General. Upon the application of the attorney general the district court is vested with jurisdiction to restrain, enjoin, and redress violations of sections 309.50 to 309.61. The court may make any necess…

309.581 VIOLATIONS; PENALTIES. Any person who willfully and knowingly violates any provision of sections 309.50 to 309.61, or who willfully and knowingly gives false information to the attorney general in statements, reports, or contracts required to be filed by sections 309.50 t…

309.582 CONSULTANTS. The attorney general may retain as consultants such accountants or other experts as the administration of this chapter may require. History: 1969 c 112 s 15

309.59 CONSTRUCTION; POWERS OF ATTORNEY GENERAL. Sections 309.50 to 309.61 shall not be construed to limit or to restrict the exercise of the powers or the performance of the duties of the attorney general which the attorney general otherwise is authorized to exercise or perform …

309.591 RULEMAKING POWER. The attorney general may promulgate such rules as are reasonably necessary to carry out and make effective the provisions and purposes of this chapter. History: 1973 c 762 s 15; 1980 c 516 s 2; 1983 c 289 s 114 subd 1; 1984 c 655 art 1 s 92; 1987 c 336 s…

309.60 RECIPROCAL AGREEMENTS, OTHER STATES. The attorney general may enter into reciprocal agreements with a like authority of any other state or states for the purpose of exchanging information made available to the attorney general or to such other like authority. History: 1961…

309.61 SEVERABILITY. If any provision of sections 309.50 to 309.61 or the application thereof to any person or circumstance is held invalid the invalidity shall not affect other provisions or application of said sections which can be given effect without the invalid provision or …

309.715 OWNERSHIP OR CONTROL OF UNIVERSITY OF MINNESOTA HEALTH CARE FACILITIES. (a) The importance of the University of Minnesota health care facilities to the state of Minnesota shall be recognized based on their status as publicly supported academic health care facilities; thei…

309.72 ACQUISITION OF INTERESTS IN INSURANCE. An organization described in section 170(c) of the Internal Revenue Code of 1986, as amended through December 31, 1991, may purchase, accept, or otherwise acquire an interest in a life insurance policy as beneficiary or owner, as prov…

309.73 SHORT TITLE. Sections 309.73 to 309.77 may be cited as the "Uniform Prudent Management of Institutional Funds Act." History: 2008 c 188 s 1

309.735 DEFINITIONS. In sections 309.735 to 309.77: (1) "Charitable purpose" means the relief of poverty, the advancement of education or religion, the promotion of health, or any other eleemosynary purpose. (2) "Endowment fund" means an institutional fund or part thereof that, u…

309.74 STANDARD OF CONDUCT IN MANAGING AND INVESTING INSTITUTIONAL FUND. (a) Subject to the intent of a donor expressed in a gift instrument, an institution, in managing and investing an institutional fund, shall consider the charitable purposes of the institution and the purpose…

309.745 APPROPRIATION FOR EXPENDITURE OR ACCUMULATION OF ENDOWMENT FUND; RULES OF CONSTRUCTION. (a) Subject to the intent of a donor expressed in the gift instrument, an institution may appropriate for expenditure or accumulate so much of an endowment fund as the institution dete…

309.75 DELEGATION OF MANAGEMENT AND INVESTMENT FUNCTIONS. (a) Subject to any specific limitation set forth in a gift instrument or in law other than sections 309.73 to 309.77, an institution may delegate to an external agent the management and investment of an institutional fund …

309.755 RELEASE OR MODIFICATION OF RESTRICTIONS ON MANAGEMENT, INVESTMENT, OR PURPOSE. (a) If the donor consents in a record, an institution may release or modify, in whole or in part, a restriction contained in a gift instrument on the management, investment, or purpose of an in…

309.76 REVIEWING COMPLIANCE. Compliance with sections 309.73 to 309.77 is determined in light of the facts and circumstances existing at the time a decision is made or action is taken, and not by hindsight. History: 2008 c 188 s 7

309.765 APPLICATION TO EXISTING INSTITUTIONAL FUNDS. Sections 309.73 to 309.77 apply to institutional funds existing on or established after August 1, 2008. As applied to institutional funds existing on August 1, 2008, sections 309.73 to 309.77 govern only decisions made or actio…

309.77 RELATION TO ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL COMMERCE ACT. Sections 309.73 to 309.77 modify, limit, and supersede the Electronic Signatures in Global and National Commerce Act, United States Code, title 15, section 7001 et seq., but do not modify, limit, or sup…