352.061 INVESTMENT BOARD TO INVEST FUNDS.
65 words·~1 min read·
/mn/chapter-352/352-061A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
352.061 INVESTMENT BOARD TO INVEST FUNDS.
The director shall, from time to time, certify to the State Board of Investment any portions of the state employees retirement fund that in the judgment of the director are not required for immediate use. The State Board of Investment shall invest and reinvest sums so certified in securities that are duly authorized legal investments under section 11A.24 .