Date	Chamber	Action
1/13/2009	House	Session Sine Die

Statutes Amended In Order of Appearance

New Act

760 ILCS 50/Act rep.

805 ILCS 110/41

from Ch. 32, par. 170

805 ILCS 110/43

from Ch. 32, par. 172

805 ILCS 110/46e

from Ch. 32, par. 180

805 ILCS 110/46f

from Ch. 32, par. 181

805 ILCS 110/46g

from Ch. 32, par. 182

805 ILCS 110/46j

from Ch. 32, par. 185

Synopsis As Introduced
Creates the Uniform Prudent Management of Institutional Funds Act, proposed by the National Conference of Commissioners on Uniform State Laws. Provides for: standards of conduct in managing and investing an institutional fund held by a charitable institution for charitable purposes; appropriations by an institution for expenditure or accumulation of endowment funds; the delegation of management and investment functions; the release or modification of restrictions on the management, investment, or purpose of an institutional fund; compliance; application; construction; and other matters. Repeals the Uniform Management of Institutional Funds Act. Amends the Religious Corporation Act by making conforming changes.

Actions 

Date	Chamber	Action
2/13/2008	House	Filed with the Clerk by Rep. James D. Brosnahan
2/13/2008	House	First Reading
2/13/2008	House	Referred to Rules Committee
1/13/2009	House	Session Sine Die

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