applying the prudence standard under the act to inform questions of climate risk. In 2016, Longstreth wrote a draft interpretive release for state AGs, noting that under the act, institutions that expose themselves to investment in companies materially dependent on long-term carbon emissions (such as the fossil fuel industry) could be found to be acting imprudently and at odds with their charitable mission. In December 2020, alumni at Boston College filed a complaint with Massachusetts AG Maura Healey, asserting that Boston College's refusal to divest from fossil fuels violated the college's duties under UPMIFA. In March 2021, students, faculty, and alumni at Harvard University filed a similar complaint, arguing that investment in the industry violates the Harvard Corporation's duties of loyalty, prudence and charitable purpose under the act. External links Actual text of the California Uniform Prudent Management of Institutional Funds Act. References Uniform Acts Charity law