New Law Impacts Endowment Funds

Stephen J. Knerly Jr.

On November 17, 2008 the Ohio House of Representatives passed Am. H.B. 522 (the “Law”), adopting the Uniform Prudent Management of Institutional Funds Act (“UPMIFA“). The Governor signed the Law on January 6, 2009, and it becomes effective June 1, 2009.

Related Practices & Industries