Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 58-3621 - Donor intent protection act; citation of act; purpose(a) K.S.A. 2023 Supp. 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. 2023 Supp. 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.Added by L. 2023, ch. 45,§ 1, eff. 7/1/2023.