2005 Minnesota Statutes - 222.59 — Investment of funds.

     222.59 Investment of funds. 


    Money in the account not needed for the current operations 
 of the commissioner related to insurance under section 222.58 
 may be deposited with the State Board of Investment.  The Board 
 of Investment may invest this money as provided for investment 
 of moneys in the state treasury by section 11A.25.  All interest 
 and profits accruing from investment of the account's money 
 shall be credited to and be a part of the account, and any loss 
 incurred in the principal of the investments of the account 
 shall be borne by the account. 


    HIST: 1978 c 667 s 5; 1980 c 607 art 14 s 46