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Statutes > Michigan Statutes > Chapter 451 - SECURITIES, REAL ESTATE, AND DEBT MANAGEMENT > Act 87 of 2009 - UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (451.921 - 451.931)

Act 87 of 2009 - UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (451.921 - 451.931)

  • Section 451.921 - Short title.
  • Section 451.922 - Definitions.
  • Section 451.923 - Institutional fund; managing and investing; considerations; requirements; pooling 2 or more funds; rules for managing and investing.
  • Section 451.924 - Endowment fund assets; appropriation or accumulation; determination; limitation; designation.
  • Section 451.925 - Management and investment; delegation to external agent; duty to exercise reasonable care; liability; delegation to committees, officers, or employees.
  • Section 451.926 - Release or modification of restriction.
  • Section 451.927 - Compliance with act; existing facts and circumstances.
  • Section 451.928 - Applicability of act.
  • Section 451.929 - Electronic signatures.
  • Section 451.930 - Uniformity of law.
  • Section 451.931 - Applicability; scope.




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