Connecticut Statutes

§ 3-22i — Investment of funds in the trust.

Connecticut § 3-22i
JurisdictionConnecticut
Title 3State Elective Officers
Ch. 32Treasurer

This text of Connecticut § 3-22i (Investment of funds in the trust.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Conn. Gen. Stat. § 3-22i (2026).

Text

Notwithstanding sections 3-13 to 3-13h, inclusive, the Treasurer shall invest the amounts on deposit in the trust in a manner reasonable and appropriate to achieve the objectives of the trust, exercising the discretion and care of a prudent person in similar circumstances with similar objectives. The Treasurer shall give due consideration to rate of return, risk, term or maturity, diversification of the total portfolio within the trust, liquidity, the projected disbursements and expenditures, and the expected payments, deposits, contributions and gifts to be received. The Treasurer shall not require the trust to invest directly in obligations of the state or any political subdivision of the state or in any investment or other fund administered by the Treasurer. The assets of the trust shal

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Legislative History

(P.A. 97-224, S. 4, 12.) History: P.A. 97-224 effective July 1, 1997.

Nearby Sections

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Bluebook (online)
Connecticut § 3-22i, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/3-22i.