4-5-47. Investment of trust fund containing proceeds from sale of state cement enterprises.
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/sd/title-4/chapter-4-5/4-5-47A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The State Investment Council as provided in § 4-5-12 is responsible for the investment of the trust fund containing the net proceeds from the sale of state cement enterprises. The investment of such funds is not restricted by the provisions of § 4-5-26 , but is governed by the provisions of § 4-5-27 .