MARVIN MANDEL, Governor                                  247

FUND TO A FUND THAT IS NOT AN ENDOWMENT FUND.

(C)   EFFECT OF RELEASE.

A RELEASE UNDER THIS SECTION MAY NOT ALLOW A FUND
TO BE USED FOR PURPOSES OTHER THAN THE EDUCATIONAL,
RELIGIOUS, CHARITABLE, OR OTHER ELEEMOSYNARY PURPOSES OF
THE INSTITUTION AFFECTED.

(D)   DOCTRINE OF CY PRES NOT LIMITED.

THIS SECTION DOES NOT LIMIT THE APPLICATION OF THE
DOCTRINE OF CY PRES.

15-408. UNIFORMITY OF APPLICATION AND CONSTRUCTION.

THIS SUBTITLE SHALL BE SO APPLIED AND CONSTRUED AS
TO EFFECTUATE ITS GENERAL PURPOSE TO MAKE UNIFORM THE LAW
WITH RESPECT TO THE SUBJECT OF THIS SUBTITLE AMONG THOSE
STATES WHICH ENACT IT.

15-409. SHORT TITLE.

THIS SUBTITLE MAY BE CITED AS THE "MARYLAND UNIFORM
MANAGEMENT OF INSTITUTIONAL FUNDS ACT."

REVISOR'S NOTE: These sections presently appear as
Art. 49A, §§6 through 15. They are the
Maryland Uniform Management of Institutional
Funds Act and are placed in this subtitle and
section because of the relationship of the
subject matter of this act. Art. 49A, §13 is
proposed for repeal because of the provisions
of Art. 1, §23. The only other changes are in
the catchlines.

GENERAL REVISOR'S NOTE

The Commission to Revise the Annotated Code, in
compiling Title 15 of the Estates and Trusts Article,
concluded that certain provisions of present law
originally allocated to Title 1 are repetitious,
obsolete, or more properly allocable elsewhere.
Accordingly, these provisions are embodied in Title 15.
Their proposed treatment is as follows:

[[Section in Art. 16     Treatment        Comment

§192                      Repeal                 duplicative.]]

Section in Art. 49A        Treatment        Comment

§13                           Repeal                  Severability.