The fund created a permanent endowment to market and operate the mill.

As in the past, the fund operates throughout the year.

From 1974 to 1985 that was how the fund operated.

Several school districts say they may not have funds to operate past February.

The fund sometimes is or operates like a law firm, where teams of attorneys provide legal services through litigation.

Three funds, including one of considerable size, operate on the premise that a few dollars can buy a lot.

More than 9,000 mutual funds, some 260 banks and 80,000 companies operate through the islands.

The fund thus operates without discrimination and does not disadvantage anyone.

But the bill stops short of requiring any major changes in the ways funds operate.

Similar funds have operated successfully at state and local levels for a long time.