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, 2001.
__________