State treasurer to invest funds.

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The state treasurer shall invest any portion of the risk management fund, including its reserves, which the executive director and the board determine is not needed for immediate use. The state treasurer shall invest any portion of the self-insured property fund, including its reserves, which the executive director determines is not needed for immediate use. The state treasurer shall invest any portion of the state employee workers' compensation account in the risk management fund, including its reserves, which the executive director determines is not needed for immediate use. Such moneys may be invested in the types of investments authorized in sections 24-36-109, 24-36-112, and 24-36-113.

Source: L. 85, 1st Ex. Sess.: Entire part added, p. 7, § 1, effective September 27. L. 86, 2nd Ex. Sess.: Entire section amended, p. 67, § 8, effective August 25. L. 90: Entire section amended, p. 1197, § 7, effective May 24. L. 96: Entire section amended, p. 1522, § 64, effective June 1. L. 97: Entire section amended, p. 1016, § 28, effective August 6.


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