2010 Maine Code
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Chapter 421: GENERAL PROVISIONS
5 §17434. Administration of investment trust fund


5 ME Rev Stat § 17434 (2010 through 124th Legis) What's This?

Part 20: STATE RETIREMENT SYSTEM

Subchapter 4: FINANCING

§17434. Administration of investment trust fund

1. Administration. The trustees of the investment trust fund may delegate to the Executive Director, Chief Investment Officer or other staff of the system as appropriate the responsibility to carry out, as directed by the trustees of the investment trust fund, the administration of the investment trust fund and its investment and disbursement activities.

[ 2007, c. 240, Pt. RRR, §2 (NEW) .]

2. Expenses. Associated administrative costs and expenses attributable to the investment trust fund must be charged to the investment trust fund.

[ 2007, c. 240, Pt. RRR, §2 (NEW) .]

SECTION HISTORY

2007, c. 240, Pt. RRR, §2 (NEW).

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