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K.S.A. 58-3621

Citation of act; purpose

L. 2023, ch. 45, § 1; July 1.

(a) K.S.A. 58-3621 through 58-3625 , and amendments thereto, shall be known and may be cited as the donor intent protection act.

(b) The purpose of K.S.A. 58-3621 through 58-3625 , and amendments thereto, is to provide legal recourse to an individual charitable donor when the donor's gift restrictions pursuant to an endowment agreement with a recipient charitable organization that governs an endowment fund containing only property gifted by such donor are not followed by the recipient charitable organization.

Official source: Kansas Office of Revisor of Statutes. Reproduced from public-domain Kansas statutes; confirm against the official source for the current text. Not legal advice.