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2015 New York Laws
RSS - Retirement & Social Security
Article 4-A - (Retirement & Social Security) INVESTMENTS OF PUBLIC PENSION FUNDS
179-A - Construction.

NY Ret & SS L § 179-A (2015) What's This?
  179-a. Construction.  In the event of any conflict or inconsistency
  between the provisions of this article four-a and the provisions of  any
  other  provision  of  law as to the percentage of assets of a fund which
  may be invested in any one type of investment or in any  one  particular
  investment, the provisions of this article shall govern.

Nothing  contained  in  this  article shall be construed to affect any
  lawful investment made prior to the effective date of  this  article  by
  the  trustee  or  trustees  of  a  fund,  and any such investment may be
  retained or disposed of by such trustee or trustees in  accordance  with
  any other provision of law.

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