2003 Regular Session

HOUSE BILL 594

File Code: Estates and Trusts Crossfiled with: SENATE BILL 470
Sponsored By:
Delegates Eckardt and Schisler
Entitled:
Management of Institutional Funds - Appropriations from Endowment Funds

Synopsis:

Authorizing a governing board of an institutional fund to make specified appropriations from an endowment fund under specified circumstances; and providing for specified procedures, standards, and remedies concerning an application and proceeding in a circuit court to authorize specified appropriations from an endowment fund.

History by Legislative Date

House Action
2/6
First Reading Judiciary
2/12
Hearing 3/5 at 1:00 p.m.
2/27
Hearing cancelled
3/3
Withdrawn
Senate Action
No Action
Sponsored by:
Delegate Adelaide C. Eckardt, District 37B
Delegate Kenneth D. Schisler, District 37B
Bill indexed under the following Subjects:
APPROPRIATIONS
CIRCUIT COURTS
COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
ESTATES AND TRUSTS
GIFTS
INVESTMENTS -see also- SECURITIES
NONPROFIT ORGANIZATIONS
NOTICES
Bill affects the following Statutes:
Estates and Trusts
( 15-401 , 15-402 , 15-407 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered