Connecticut Statutes

§ 31-49k — State Treasurer. Investments.

Connecticut § 31-49k
JurisdictionConnecticut
Title 31Labor
Ch. 557Employment Regulation

This text of Connecticut § 31-49k (State Treasurer. Investments.) 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. § 31-49k (2026).

Text

The State Treasurer shall invest the amounts on deposit in the Family and Medical Leave Insurance Trust Fund 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 State 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 State 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 State Treasurer. The assets of th

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Legislative History

(P.A. 19-25, S. 7.) History: P.A. 19-25 effective June 25, 2019.

Nearby Sections

15
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Bluebook (online)
Connecticut § 31-49k, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/31-49k.