CGS § 45a-529a and 45a-529b. Accumulation of annual net income, standards. Exception and restriction on accumulation of annual net income; construction.
PreviousCGS § 45a-526 to 45a-529. (Formerly Secs. 45-100h to 45-100k). Short title: Uniform Management of Institutional Funds Act. Definitions. Expenditure of net appreciation, standards. Exception and restriction on expenditure of net appreciation; construction.NextCGS § 45a-530 to 45a-534. (Formerly Secs. 45-100l to 45-100p). Investment of institutional funds. Delegation of powers of investment. Standards applicable to actions of governing board. Release of restriction in gift instrument: Written consent, court order; limitations; doctrine of cy pres applicable. Construction.