Institutional Fund Law and Legal Definition
Pursuant to the Uniform Management of Institutional Funds Act, "institutional fund" means a fund held by an institution for its exclusive use, benefit, or purposes. However, it does not include a fund held for an institution by a trustee that is not an institution, or a fund in which a beneficiary that is not an institution has an interest, other than possible rights that could arise upon violation or failure of the purposes of the fund.
Legal Definition list
- Institutional Broker
- Institution-Affiliated Organization
- Institution Of Vocational Education
- Institution of Undergraduate Higher Education
- Institution of Professional Education
- Institutional Fund
- Institutional Grant [Education]
- Institutional Investor
- Institutional Meat Purchase Specifications [IMPS]
- Institutional Payment [Education]
- Institutional Practitioner
