SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

1998 SESSION

  • | print version

HB 678 Endowment funds of University of Va.

Introduced by: Alan A. Diamonstein | all patrons    ...    notes | add to my profiles

SUMMARY:

Investment of University of Virginia endowment funds; exemption of such investments from the Virginia Public Procurement Act. Exempts the selection of services for the management and investment of endowment funds of the University of Virginia from the Virginia Public Procurement Act. This bill also requires the board of visitors to direct the University's endowment investments in accordance with the provisions of the Uniform Management of Institutional Funds Act and provides the board with immunity from personal liability for losses arising from these endowment fund investments. This bill is identical to SB 606.


FULL TEXT

AMENDMENTS

HISTORY