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13 chapters · 442 sections in this title.
RCW 24.55.005 Short title.
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Chapter 436, Laws of 2009 may be known and cited as the uniform prudent management of institutional funds act. [ 2009 c 436 s 1.]
RCW 24.55.007 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. [ 2009 c 436 s 10.]
RCW 24.55.010 Definitions.
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In this chapter: (1) "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. (2) "Endowment fund" me…
RCW 24.55.015 Standard of conduct in managing and investing institutional fund.
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(1) 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. (2) In addition to complying with the duty o…
