Subdivision 1. Certification. The commissioner of transportation shall certify to the state board those portions of the highway user tax distribution fund established pursuant to article XIV, section 5 of the Constitution of the state of Minnesota; the trunk highway fund established pursuant to article XIV, section 6 of the Constitution of the state of Minnesota; the county state-aid highway fund established pursuant to article XIV, section 7 of the Constitution of the state of Minnesota; and the municipal state-aid street fund established pursuant to article XIV, section 8 of the Constitution of the state of Minnesota, which in the judgment of the commissioner are not required for immediate use.
Subd. 2. Investment. The certified amount of highway funds not currently needed shall be invested by the state board subject to the provisions of section 11A.25.
1980 c 607 art 14 s 19; 1993 c 266 s 14
Structure Minnesota Statutes
Chapters 10 - 12B — Government Miscellany
Chapter 11A — Investment Of State And Pension Assets
Section 11A.01 — Statement Of Purpose.
Section 11A.03 — State Board; Membership; Organization.
Section 11A.04 — Duties And Powers; Appropriation.
Section 11A.07 — Executive Director.
Section 11A.075 — Disclosure Of Expense Reimbursement.
Section 11A.08 — Investment Advisory Council.
Section 11A.09 — Standard Of Care.
Section 11A.10 — Duties Of Other Officials.
Section 11A.11 — Investment And Expense Appropriation.
Section 11A.12 — Gains And Losses; Disposition.
Section 11A.13 — Assets And Documentation.
Section 11A.14 — Minnesota Combined Investment Funds.
Section 11A.15 — State Bond Fund.
Section 11A.16 — Permanent School Fund.
Section 11A.17 — Minnesota Supplemental Investment Fund.
Section 11A.20 — Investment Of State Treasury Funds Not Currently Needed.
Section 11A.21 — Investment Of Highway Funds.
Section 11A.23 — Investment Of Retirement Funds And Plans.
Section 11A.235 — Account For Investment Of Certain Duluth Funds Or Assets.
Section 11A.24 — Authorized Investments.
Section 11A.241 — Investment In Northern Ireland.
Section 11A.244 — Investment In Iran.
Section 11A.245 — Investment In Russia And Belarus.
Section 11A.25 — Additional Investment Provisions.
Section 11A.27 — Report On Investment Consultant Activities And Deliverables.