The Comptroller shall invest the amounts on deposit in the trust in a manner reasonable and appropriate to achieve the objectives of the trust, exercising the discretion and care of a prudent person in similar circumstances with similar objectives. The Comptroller shall give due consideration to rate of return, risk, term or maturity, diversification of the total portfolio within the trust, liquidity, the projected disbursements and expenditures, and the expected payments, deposits, contributions and gifts to be received. The Comptroller shall not require the trust to invest directly in obligations of the state or any political subdivision of the state or in any investment or other fund administered by the Comptroller. The assets of the trust shall be continuously invested and reinvested in a manner consistent with the objectives of the trust until disbursed for qualified home care expenses, expended on expenses incurred by the operations of the trust, or refunded to the depositor or designated beneficiary on the conditions provided in the participation agreement.
(P.A. 07-130, S. 3.)
Structure Connecticut General Statutes
Title 3 - State Elective Officers
Section 3-111. - Salary and bond. Office of Comptroller full time.
Section 3-112. - Powers and duties.
Section 3-112a. - Substitution of securities for retainages on state contracts and subcontracts.
Section 3-113. - Deputy Comptroller.
Section 3-113a. - Assistant comptrollers.
Section 3-114. - Accounting for receipts.
Section 3-114a. - Recording of revenue received after end of fiscal year.
Section 3-114c. - Recording of cigarette tax revenue received at end of fiscal year.
Section 3-114d. - Recording of alcoholic beverage tax revenue received at end of fiscal year.
Section 3-114h. - Recording of income tax revenue received at end of fiscal year.
Section 3-114i. - Recording of hospital taxes received each year by letter postmarked in July.
Section 3-114j. - Recording of payments from Indian tribes received each year in July.
Section 3-114k. - Recording of revenue for the fiscal year ending June 30, 1995.
Section 3-114l. - Recording of payments from the Energy Conservation and Load Management Funds.
Section 3-114m. - Recording of real estate conveyance tax revenue received at end of fiscal year.
Section 3-114p. - Recording of hospitals tax revenue received at end of fiscal year.
Section 3-114r. - Recording of revenue from resident day user fee in intermediate care facility.
Section 3-115a. - Providing for budgetary and financial reporting needs of the executive branch.
Section 3-115b. - Generally accepted accounting principles.
Section 3-115c. - Report to the Governor for the fiscal year ending June 30, 1995.
Section 3-115d. - CORE-CT policy board.
Section 3-115e. - CORE-CT biennial reports.
Section 3-117a. - Management of state employee unemployment compensation claims.
Section 3-119a. - Retirement data base system; time and attendance system.
Section 3-119b. - Election to decline compensation or benefit by state official.
Section 3-120. - Wages of persons employed about State Capitol and grounds.
Section 3-121. - Comptroller's Service Fund.
Section 3-121a. - GAAP salary reserve account.
Section 3-122. - Relief payments under bylaws of Police Association of Connecticut.
Section 3-123a. - Preretirement counseling of state and municipal employees.
Section 3-123b. - Payroll deductions for retired and pensioned employees.
Section 3-123c. - Annual appropriation for Loyalty Day parades.
Section 3-123d. - Unrestricted use grants-in-aid to towns.
Section 3-123j. - Plan re participation of nonstate public employees in Health Enhancement program.
Section 3-123k. - Funding for fringe benefit cost re community college employees.
Section 3-123bb. - Powers of Comptroller re Connecticut Home Care Trust Fund.
Section 3-123cc. - Investment of amounts on deposit in Connecticut Home Care Trust Fund.
Section 3-123dd. - Additional powers of Comptroller re Connecticut Home Care Trust Fund.
Section 3-123ff. - Pledge of state re Connecticut Home Care Trust Fund rights and obligations.
Section 3-123aaa. - Definitions.
Section 3-123bbb. - Enrollment procedures and requirements. Comptroller duties.
Section 3-123ccc. - Applications. Regulations.
Section 3-123ddd. - Coverage for retirees.
Section 3-123eee. - Partnership plan premium account. Nonpayment of premium or premium equivalent.
Section 3-123ggg. - Regulations.
Section 3-123rrr. - Definitions.
Section 3-123sss. - Enrollment procedures and requirements.
Section 3-123ttt. - Coverage for retirees.
Section 3-123uuu. - State employee plan premium payment. Nonpayment of premium.
Section 3-123vvv. - State Employees' Bargaining Agent Coalition consent.
Section 3-123www. - Enrollment in partnership plan prohibited.
Section 3-123xxx. - Annual report by nonstate public employers.
Section 3-123yyy. - Annual report re plans developed by Comptroller.