Budget stabilization fund monies; investment

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35-314.02. Budget stabilization fund monies; investment

In addition to the investment authority in section 35-313, the state treasurer may invest and reinvest monies of the budget stabilization fund established in section 35-144 in equity securities pursuant to section 35-314, except that not more than twenty-five per cent of the monies may be invested in equity securities at any time. The percentage of investment shall be calculated at cost.


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