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The Laws of New York
Consolidated Laws of New York
CHAPTER 35
Not-for-Profit Corporation
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ARTICLE 5
Corporate Finance
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CHAPTER 35
Not-for-Profit Corporation
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ARTICLE 6
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This entry was published on 2014-09-22
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ARTICLE 5-A
Prudent Management of Institutional Funds Act
Not-for-Profit Corporation (NPC) CHAPTER 35
SECTION 550
Short title
SECTION 551
Definitions
SECTION 552
Standard of conduct in managing and investing an institutional fund
SECTION 553
Appropriation for expenditure or accumulation of endowment fund; rules of construction
SECTION 554
Delegation of management and investment functions
SECTION 555
Release or modification of restrictions on management, investment, or purpose
SECTION 556
Reviewing compliance
SECTION 557
Application to existing institutional funds
SECTION 558
Relation to Electronic Signatures in Global and National Commerce Act
ARTICLE 5-A

PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT
Section 550. Short title.

551. Definitions.

552. Standard of conduct in managing and investing an

institutional fund.

553. Appropriation for expenditure or accumulation of endowment

fund; rules of construction.

554. Delegation of management and investment functions.

555. Release or modification of restrictions on management,

investment, or purpose.

556. Reviewing compliance.

557. Application to existing institutional funds.

558. Relation to Electronic Signatures in Global and National

Commerce Act.