Maine § 5 §17434 Administration of investment trust fund

Maine Statutes

§ 5 §17434 — Administration of investment trust fund

Maine § 5 §17434

Title 5ADMINISTRATIVE PROCEDURES AND SERVICES

Part 20STATE RETIREMENT SYSTEM

Ch. 421GENERAL PROVISIONS

This text of Maine § 5 §17434 (Administration of investment trust fund) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 5, § 5 §17434 (2026).

Text

1.Administration. The trustees of the investment trust fund may delegate to the chief executive officer, Chief Investment Officer or other staff of the system as appropriate the responsibility to carry out, as directed by the trustees of the investment trust fund, the administration of the investment trust fund and its investment and disbursement activities.

2.Expenses. Associated administrative costs and expenses attributable to the investment trust fund must be charged to the investment trust fund.

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1.
Administration.
The trustees of the investment trust fund may delegate to the chief executive officer, Chief Investment Officer or other staff of the system as appropriate the responsibility to carry out, as directed by the trustees of the investment trust fund, the administration of the investment trust fund and its investment and disbursement activities.
2.
Expenses.
Associated administrative costs and expenses attributable to the investment trust fund must be charged to the investment trust fund.