Establishes the Safeguarding Endowment Gifts Act; prohibits charitable organizations from violating the terms of a donor-imposed restriction; permits a donor or legal representative to file a complain within 6 years after discovery of a break of an endowment agreement; permits a charitable organization to offer an alternative solution if unable to fulfill a term of an endowment; permits a charitable organization to obtain a judicial declaration of rights and duties; permits a court to order remedies; prohibits a court to order the return of donated funds. "Dead" because laid over.
State Name
Oklahoma
Bill #
S.B.844
Status
Adjourned; Not Enacted
Category
6. Oversight and Transparency
Subcategory
Donor Intent
Status Text
Out of Committee
Year Proposed
2025
State Taxonomy
Bill Page
http://www.oklegislature.gov/BillInfo.aspx?Bill=SB844&Session=2500