4-5-22. Annual budget for division--Appointment of employees.
The state investment officer shall annually prepare a budget which shall be reviewed and approved by the State Investment Council and the Executive Board of the Legislative Research Council, prior to submission to the Bureau of Finance and Management. Subject to the appropriate rules and regulations regarding state employment, the state investment officer shall appoint all employees of the Division of Investment.
Source: SL 1971, ch 27, §12; SL 1987, ch 44, §2.