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25 chapters · 434 sections in this title.
RSA 292-B:1 Short Title
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This act may be cited as the Uniform Prudent Management of Institutional Funds Act.
RSA 292-B:10 Uniformity of Application and Construction
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In applying and construing this uniform act, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it.
RSA 292-B:2 Definitions
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In this chapter: I. "Charitable purpose" means the relief of poverty, the advancement of education or religion, the promotion of health, the promotion of a governmental purpose, or any other purpose the achievement of which is beneficial to the community. II. "Endowment fund" mea…
RSA 292-B:3 Standard of Conduct in Managing and Investing Institutional Fund
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I. 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 purposes of the institutional fund. II. In addition to complying with the duty of…
