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Section 45a-529a and 45a-529b - Accumulation of annual net income, standards. Exception and restriction on accumulation of annual net income; construction.

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Sections 45a-529a and 45a-529b are repealed, effective April 29, 2008.

(P.A. 93-189, S. 2, 3; P.A. 08-6, S. 4.)

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Section 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.
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Section 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.