Uniform Prudent Management Of Institutional Funds Act
This is Chapter 11 of the Code of Virginia, titled “Uniform Prudent Management Of Institutional Funds Act.” It is part of Title 64.2, titled “Wills, Trusts, And Fiduciaries.” It is part of Subtitle III, titled “Trusts.” It’s comprised of the following 9 sections.
- § 64.2-1100
- Definitions
- § 64.2-1101
- Standard of conduct in managing and investing institutional fund
- § 64.2-1102
- Appropriation for expenditure or accumulation of endowment fund; rules of construction
- § 64.2-1103
- Delegation of management and investment functions
- § 64.2-1104
- Release or modification of restrictions on management, investment, or purpose
- § 64.2-1105
- Reviewing compliance
- § 64.2-1106
- Application to existing institutional funds
- § 64.2-1107
- Relation to Electronic Signatures in Global and National Commerce Act
- § 64.2-1108
- Uniformity of application and construction