Text: HF02426 Text: HF02428 Text: HF02400 - HF02499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 97B.7A, subsection 2, Code Supplement
1 2 2003, is amended to read as follows:
1 3 2. INVESTMENT ACQUISITIONS. Within the limitations of the
1 4 investment standards prescribed in this section, the system
1 5 may acquire and retain every kind of property and every kind
1 6 of investment which persons of prudence, discretion, and
1 7 intelligence acquire or retain for their own account.
1 8 Consistent with this section, investments shall be made in a
1 9 manner that will enhance the economy of this state, including
1 10 increasing venture capital opportunities for business growth
1 11 in Iowa, and in particular, will result in increased
1 12 employment of the residents of this state. Investments of
1 13 moneys in the retirement fund are not subject to sections
1 14 73.15 through 73.21.
1 15 HF 2427
1 16 ec/es/25
Text: HF02426 Text: HF02428 Text: HF02400 - HF02499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
© 2004 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Fri Mar 19 03:30:22 CST 2004
URL: /DOCS/GA/80GA/Legislation/HF/02400/HF02427/040308.html
jhf