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Home » US Law » 2022 Indiana Code » Title 30. Trusts and Fiduciaries » Article 2. General Provisions » Chapter 12. Uniform Management of Institutional Funds Act

30-2-12-6.7. “Record” Defined

Sec. 6.7. As used in this chapter, “record” means information that is: (1) inscribed on a tangible medium; or (2) stored in an electronic or other medium; and is retrievable in a perceivable form. As added by P.L.226-2007, SEC.14.

30-2-12-9. Appropriation or Accumulation of Endowment Funds; Gift Instrument

Sec. 9. (a) Subject to the terms of a gift instrument, an institution may appropriate for expenditure or accumulate so much of an endowment fund that the institution determines is prudent for the uses, benefits, purposes, and duration of the endowment fund. Except as provided in a gift instrument, the assets in an endowment fund […]