§17434. Administration of investment trust fund
1. Administration. The trustees of the investment trust fund may delegate to the chief executive officer, 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.
[PL 2007, c. 240, Pt. RRR, §2 (NEW); PL 2021, c. 548, §45 (REV).]
2. Expenses. Associated administrative costs and expenses attributable to the investment trust fund must be charged to the investment trust fund.
[PL 2007, c. 240, Pt. RRR, §2 (NEW).]
SECTION HISTORY
PL 2007, c. 240, Pt. RRR, §2 (NEW). PL 2021, c. 548, §45 (REV).
Structure Maine Revised Statutes
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Part 20: STATE RETIREMENT SYSTEM
Chapter 421: GENERAL PROVISIONS
Article 9: RETIREE HEALTH INSURANCE POST-EMPLOYMENT BENEFITS INVESTMENT TRUST FUND
5 §17433. Statutory references
5 §17434. Administration of investment trust fund
5 §17435. Duties of the trustees of the investment trust fund
5 §17436. Liability and immunity of trustees of the investment trust fund
5 §17437. Exemption from taxation
5 §17438. Reporting requirements under Governmental Accounting Standards Board
5 §17439. Information for administrative or judicial proceedings