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12.34 Linked investments---limitations.

1. The treasurer of state may invest up to ten percent of the balance of the state pooled money fund in certificates of deposit in eligible lending institutions pursuant to this division.

2. The treasurer shall adopt rules pursuant to chapter 17A to implement this division including, but not limited to, rules identifying horticultural crops and nontraditional crops for which the linked investments may be loaned.

Section History: Recent form

86 Acts, ch 1096, § 4; 89 Acts, ch 234, § 4

Internal References

Referred to in § 12.40, 12.51

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