Sec.3-31b-2. Funds eligible to participate

Latest version.

In order to be eligible for participation in any of the combined investment funds, the Participant shall meet the following criteria:
(a) Be under the control of the Treasurer for investment or custodial purposes.
(b) Have the general characteristics of a perpetual fund, including but not limited to the characteristic of no specific termination date, except for short-term combined investment funds which may be established to accommodate short-term investments.
(c) Have investment objectives and investment authority comparable with the other Participants in the combined investment funds.

(Effective October 10, 1972; Amended September 30, 1998; Amended September 13, 2016)

                    
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