The Comptroller, on behalf of the trust and for purposes of the trust, may:
(1) Receive and invest moneys in the trust in any instruments, obligations, securities or property in accordance with section 3-123cc;
(2) Procure insurance in connection with the trust's property, assets, activities, or deposits or contributions to the trust;
(3) Establish one or more funds within the trust and maintain separate accounts for each designated beneficiary; and
(4) Take any other actions necessary to carry out the purposes of sections 3-123aa to 3-123ff, inclusive, and incidental to the duties imposed on the Comptroller pursuant to said sections.
(P.A. 07-130, S. 2.)