Establishes the uniform prudent management of institutional funds act.

Repeals chapter 24.44 RCW, the uniform management of institutional funds act.

Provides that the act modifies, limits, and supersedes the electronic signatures in global and national commerce act (15 U.S.C. Sec. 7001 et seq.), but does not modify, limit, or supersede 15 U.S.C. Sec. 7001(a), or authorize electronic delivery of any of the notices described in 15 U.S.C. Sec. 7003(b).