Session Law

Identifying Information:L. 2001 ch. 002
Other Identifying Information:2001 House Bill 2016
Tax Type:Other
Brief Description:An Act concerning Wichita state university; revising certain definitions and statutory pro- visions applicable to the university; amending K.S.A. 76-116d, 76-156a and 76-756 and repealing the existing sections.
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Body:

CHAPTER 2

HOUSE BILL No. 2016


An Act concerning Wichita state university; revising certain definitions and statutory pro-

visions applicable to the university; amending K.S.A. 76-116d, 76-156a and 76-756 and

repealing the existing sections.




Be it enacted by the Legislature of the State of Kansas:

Section 1. K.S.A. 76-116d is hereby amended to read as follows: 76-

116d. As used in this act, the word ``institution'' means the university of

Kansas, Kansas state university of agriculture and applied science, Wich-

ita state university, Emporia state university, Pittsburg state university

and Fort Hays state university.

Sec. 2. K.S.A. 76-156a is hereby amended to read as follows: 76-

156a. The Kansas university endowment association is hereby authorized

to act as the investing agent for any endowment or bequest to the uni-

versity of Kansas. The Kansas state university foundation is hereby au-

thorized to act as the investing agent for any endowment or bequest to

Kansas state university of agriculture and applied science or to Kansas

state university--Salina, college of technology. The Wichita state univer-

sity endowment association foundation is hereby authorized to act as the

investing agent for any endowment or bequest to Wichita state university.

The Fort Hays Kansas state university endowment association is hereby

authorized to act as the investing agent for any endowment or bequest to

Fort Hays state university. The Emporia state university foundation, inc.,

is hereby authorized to act as the investing agent for any endowment or

bequest to Emporia state university. The Pittsburg state university foun-

dation, inc., is hereby authorized to act as the investing agent for any

endowment or bequest to Pittsburg state university.

Any such investing agent may exercise such fiscal management and

administrative powers as may be necessary or appropriate for the lawful

and efficient management of any such endowment or bequest. Each in-

vesting agent is hereby authorized to execute any agreements or other

legal papers appropriate to the accomplishment of the purposes of this

act with respect to any such endowment or bequest.

Sec. 3. K.S.A. 76-756 is hereby amended to read as follows: 76-756.

As used in this act:

(a) ``State educational institution'' means Fort Hays state university,

Kansas state university of agriculture and applied science, Kansas state

university veterinary medical center, Emporia state university, Pittsburg

state university, university of Kansas, university of Kansas medical center,

Wichita state university and Kansas state university, college of technology

at Salina.

(b) ``Endowment association'' means:

(1) For the Fort Hays state university, the Fort Hays state university

endowment association;

(2) for the Kansas state university of agriculture and applied science,

the Kansas state university veterinary medical center, and the Kansas state

university--Salina, college of technology, the Kansas state university

foundation;

(3) for the Emporia state university, the Emporia state university

foundation;

(4) for the Pittsburg state university, the Pittsburg state university

foundation;

(5) for the university of Kansas and the university of Kansas medical

center, the Kansas university endowment association; and

(6) for the Wichita state university, the Wichita state university board

of trustees and the Wichita state university endowment association foun-

dation.

Sec. 4. K.S.A. 76-116d, 76-156a and 76-756 are hereby repealed.

Sec. 5. This act shall take effect and be in force from and after its

publication in the statute book.

Approved February 27, 2000.


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Date Composed: 09/25/2001 Date Modified: 09/25/2001