Idaho Statutes

§ 57-715 — PERMANENT ENDOWMENT FUNDS DECLARED TO BE TRUST FUNDS

Idaho·Title 57 PUBLIC FUNDS IN GENERAL·Ch. 7 INVESTMENT OF PERMANENT ENDOWMENT AND EARNINGS RESERVE FUNDS
Permanent endowment funds of the state of Idaho are hereby declared to be trust funds of the highest and most sacred order and shall be controlled, managed and invested by the investment board and the investment manager(s) or custodian(s) in accordance with the highest standard, as directed by law and according to policies established by the state board of land commissioners, and as hereinafter provided.

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Related

Moon v. Investment Board
548 P.2d 861 (Idaho Supreme Court, 1976)
25 case citations
Selkirk-Priest Basin Ass'n, Inc. v. State Ex Rel. Andrus
899 P.2d 949 (Idaho Supreme Court, 1995)
16 case citations
Moon v. State Board of Land Commissioners
724 P.2d 125 (Idaho Supreme Court, 1986)
10 case citations
State ex rel. Moon v. State Board of Examiners
662 P.2d 221 (Idaho Supreme Court, 1983)

Legislative History

[57-715, added 1969, ch. 244, sec. 2, p. 764; am. 1972, ch. 69, sec. 1, p. 140; am. 1998, ch. 256, sec. 33, p. 838.]

Nearby Sections

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