2025 Session
Last amended: 1987 session
§ 11A.25 — Additional Investment Provisions
Plain-Language Summary
This section provides additional rules and conditions that apply to specific types of investments made by the State Board of Investment. It may include restrictions on concentration limits, counterparty requirements, or other conditions designed to manage investment risk. These provisions supplement the general authority granted in section 11A.24.
11A.25 ADDITIONAL INVESTMENT PROVISIONS.
When investing assets of any funds or accounts specifically made subject to this section or not otherwise referred to in sections 11A.01 to 11A.25, all securities shall be debt obligations and shall conform to the applicable provisions of section 11A.24.
History:
1980 c 607 art 14 s 23; 1987 c 372 art 8 s 7
History: History: 1980 c 607 art 14 s 23; 1987 c 372 art 8 s 7
Practical Notes
Investment managers hired by the SBI must comply with both the general authorized investment list and any additional restrictions in this section. Deviation from these requirements could expose the board or its managers to liability. Regular compliance reviews ensure that the portfolio stays within all applicable investment guidelines.