CHAPTER 4-5
CUSTODY AND INVESTMENT OF STATE FUNDS
4-5-1 State treasurer not to profit from use of funds--Felony--Civil liability.
4-5-2 Incidental funds established for state institutions--Initial warrant.
4-5-3 Purposes for which institution incidental funds may be used.
4-5-4 Accounting for disbursements and reimbursement of institution incidental funds.
4-5-4.1 Limitation of warrants on institutions' funds--Diversion of other funds prohibited--Proration of income.
4-5-4.2 Repealed by SL 1985, ch 33, § 35.
4-5-5 Investment of political subdivision funds--Funds subject to provisions.
4-5-6 Investment in securities of or guaranteed by United States, repurchase agreements, or shares of registered investment companies.
4-5-6.1 Investment of public funds not needed for current operating expenses--Conditions.
4-5-6.2 Investment in direct obligations of county, municipality, or school district or in bonds issued by state authority.
4-5-7 Superseded.
4-5-8 Investment policies for local funds determined by governing board.
4-5-9 Custody or deposit of investments--Exception--Credit of interest earned.
4-5-10 Application for redemption of securities.
4-5-11 Supplemental authority for investment of public funds.
4-5-12 State Investment Council continued.
4-5-12.1 Regulations and reports provided to state treasurer.
4-5-13 Appointment and terms of investment council members.
4-5-14 Council members--Qualifications--Restrictions.
4-5-14.1 Exceptions to § 4-5-14.
4-5-15 Repealed by SL 1971, ch 23, § 2.
4-5-16 Removal of council member from office--Filling of vacancies.
4-5-17 Election of chairman.
4-5-18 Division of investment continued--Immediate supervision.
4-5-18.1 Repealed by SL 1974, ch 38, § 4.
4-5-19 Appointment of state investment officer--Removal--Qualifications.
4-5-20 Investment officer to devote full time--Salary.
4-5-21 State employees' blanket bond coverage--Premium.
4-5-22 Annual budget for division--Appointment of employees.
4-5-23 Public funds to be invested by investment officer--Functions transferred--Agreements with risk-sharing entities.
4-5-24 Omitted.
4-5-25 Monthly reports to investment officer of state transactions.
4-5-26 Classes of investments approved.
4-5-27 Prudent-person standard required in investments.
4-5-28 Policy regulations and restrictions formulated by council.
4-5-29 Investment officer authorized to make transactions--Duty to protect state interests.
4-5-29.1 Health care trust fund--Investment officer to calculate amount eligible for distribution--Transfer to state general fund.
4-5-29.2 Education enhancement trust fund--Calculation of amount eligible for distribution--Transfer to general fund--Postsecondary scholarship grant programs.
4-5-29.3 Indemnity provision--Authorization.
4-5-30 Pooling of cash accounts--Certification by Appropriations Committee--Prorating of income--Transfer of money to investment council expense account.
4-5-30.1 4-5-30.1. Repealed by SL 2015, ch 37, § 1, eff. Mar. 13, 2015.
4-5-31 Physical custody of securities purchased--Deposit with fiscal agent.
4-5-32 Monthly report to investment council--Contents--Public inspection.
4-5-33 Meetings of investment council--Access to records--Inspection and review.
4-5-34 Proceedings to collect principal or interest on investments--Refunding of securities held.
4-5-35 Post-audit of investment transactions--Annual report of auditor-general.
4-5-36 Reports to Legislature by investment council.
4-5-37 Conflicts with other laws.
4-5-38 Severability of provisions.
4-5-39 Short title.
4-5-40 Agreement to purchase general obligation funding bonds--Certification and approval required--Bonds to bear interest, mature, etc.
4-5-41 School district eligibility--Determination and certification.
4-5-42 Prudent investment defined--Liability.
4-5-43 Obligation to purchase--Enforceability.
4-5-44 Cost of participation.
4-5-45 4-5-45, 4-5-46. Repealed by SL 2015, ch 39, §§ 3, 4.
4-5-47 Investment of trust fund containing proceeds from sale of state cement enterprises.
4-5-48 Definition of terms related to investments in companies liable under Iran Sanctions Act.
4-5-49 Identification of holdings in scrutinized companies.
4-5-50 List of scrutinized companies.
4-5-51 Updating scrutinized companies list.
4-5-52 Procedures with respect to companies on scrutinized companies list.
4-5-53 Divestiture of securities in companies with scrutinized business operations.
4-5-54 Acquisition of securities in companies with scrutinized business operations prohibited.
4-5-55 Exemption from divestiture requirements.
4-5-56 Inapplicability to certain investments.
4-5-57 Indirect holdings in actively managed investment funds.
4-5-58 Report to Legislative Research Council Executive Board.
4-5-59 Circumstances under which §§ 4-5-48 to 4-5-60, inclusive, become inoperative.
4-5-60 Construction with other state law.