§ 35-10.2-8. Participation units.
The general treasurer is authorized to sell to all agencies, authorities, commissions, boards, municipalities, political subdivisions, and other public units of the state, participation units in any such combined investment trust fund. Such participation units are made legal investments for all the funds under the custody of such agencies, authorities, commissions, boards, municipalities, political subdivisions, and other public units of the state.
History of Section.P.L. 2011, ch. 284, § 1; P.L. 2011, ch. 307, § 1.
Structure Rhode Island General Laws
Chapter 35-10.2 - Rhode Island Local Government Investment Pool
Section 35-10.2-1. - Short title.
Section 35-10.2-3. - Definitions.
Section 35-10.2-4. - Establishing investment pools.
Section 35-10.2-5. - Monies included in investment pools.
Section 35-10.2-6. - Trustee of the funds.
Section 35-10.2-7. - Investment of funds.
Section 35-10.2-8. - Participation units.
Section 35-10.2-9. - Reporting.