1.1 .................... moves to amend H.F. No. 1499, the first engrossment, as follows:
1.2Page 1, line 14, delete "
, the promotion of a governmental purpose"
1.3Page 1, line 15, after "
other" insert "
eleemosynary" and delete everything after
1.4"
purpose" and insert a period
1.5Page 5, delete lines 19 to 32 and insert:
1.6 "
(b) The court, upon application of an institution, may modify a restriction contained
1.7in the gift instrument of an institutional fund pursuant to the procedure, and in accordance
1.8with the standards, set forth in section 501B.31, subdivision 2 or 4, whichever is
1.9applicable."
1.10Page 5, line 33, delete "
(d)" and insert "
(c)"
1.11Page 6, line 4, delete "
$25,000" and insert "
$50,000"