58-3621. (a) K.S.A. 2023 Supp. 58-3621 through 58-3625, and amendments thereto, shall be known and may be cited as the donor intent protection act.
(b) The purpose of K.S.A. 2023 Supp. 58-3621 through 58-3625, and amendments thereto, is to provide legal recourse to an individual charitable donor when the donor's gift restrictions pursuant to an endowment agreement with a recipient charitable organization that governs an endowment fund containing only property gifted by such donor are not followed by the recipient charitable organization.
History: L. 2023, ch. 45, ยง 1; July 1.
Cross References to Related Sections:
Uniform prudent management of institutional funds act, see 58-3611 et seq.