Idaho § 67-1210A ADDITIONAL ALLOWABLE INVESTMENTS BY THE STATE TREASURER

Idaho Statutes

§ 67-1210A — ADDITIONAL ALLOWABLE INVESTMENTS BY THE STATE TREASURER

Idaho § 67-1210A

Title 67STATE GOVERNMENT AND STATE AFFAIRS

Ch. 12STATE TREASURER

This text of Idaho § 67-1210A (ADDITIONAL ALLOWABLE INVESTMENTS BY THE STATE TREASURER) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 67-1210A (2026).

Text

(1)In addition to investments enumerated in section 67-1210, Idaho Code, the state treasurer is authorized and empowered to invest state moneys or any other moneys in his hands, including, but not limited to, moneys of any public agency invested pursuant to joint exercise of powers agreements, in prime banker’s acceptances and prime commercial paper, sales and repurchase of call options, and bonds, debentures or notes of any corporation organized, domiciled and operating within the United States which have, at the time of their purchase, an A rating or higher by a commonly known rating service. The sale (writing) and repurchase of call options is permitted only when the state treasurer or the joint powers local government pooled fund owns the securities on which the option is written.

(2)

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(1) In addition to investments enumerated in section 67-1210, Idaho Code, the state treasurer is authorized and empowered to invest state moneys or any other moneys in his hands, including, but not limited to, moneys of any public agency invested pursuant to joint exercise of powers agreements, in prime banker’s acceptances and prime commercial paper, sales and repurchase of call options, and bonds, debentures or notes of any corporation organized, domiciled and operating within the United States which have, at the time of their purchase, an A rating or higher by a commonly known rating service. The sale (writing) and repurchase of call options is permitted only when the state treasurer or the joint powers local government pooled fund owns the securities on which the option is written.
(2) The provisions of this section shall not be construed to enlarge the powers of other public agencies to invest in prime banker’s acceptances, prime commercial paper, sales and repurchase of call options, or bonds, debentures or notes of any corporation unless such investments are made by the state treasurer pursuant to a joint exercise of powers agreement.

Legislative History

[67-1210A, added 1989, ch. 86, sec. 1, p. 150; am. 1992, ch. 84, sec. 2, p. 268; am. 1999, ch. 139, sec. 1, p. 400; am. 2014, ch. 130, sec. 2, p. 364; am. 2018, ch. 86, sec. 1, p. 191; am. 2021, ch. 160, sec. 21, p. 455.]