The state, except when providing investment management and related services under AS 37.23.050(3), and participating public entities are not liable for any acts or omissions of an investment manager with whom the participating entities have contracted for investment management and related services under AS 37.23.050.
Structure Alaska Statutes
Chapter 23. Investment Pools for Public Entities
Sec. 37.23.010. Investment pool participation.
Sec. 37.23.020. Authorized investments.
Sec. 37.23.030. Collateralization.
Sec. 37.23.035. Securities lending.
Sec. 37.23.040. Portfolio restrictions.
Sec. 37.23.050. Investment management.
Sec. 37.23.060. Investment responsibilities.
Sec. 37.23.070. Reports; disclosure statement.