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Code · Kansas · Chapter 58 — Personal And Real Property

58-3621. Citation of act; purpose.

84 words·~1 min read·/ks/chapter-58/58-3621

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58-3621. Citation of act; purpose.
(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.
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