16A.015 INVESTMENT OF GIFTS.
In case it is provided by the terms of such will, deed of gift, or other instrument that the
capital of the money, property, or fund constituting such gift, bequest, devise, or endowment, or
any part of such capital, shall be kept invested, the same shall be invested and kept invested
in the same manner and by the same officers or body as the school funds of the state are by
law required to be invested.
History: 1907 c 170 s 3; 2003 c 112 art 2 s 50