Maine Statutes
§ 5 §17434 — Administration of investment trust fund
Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 20 STATE RETIREMENT SYSTEM·Ch. 421 GENERAL PROVISIONS
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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Legislative History
PL 2007, c. 240, Pt. RRR, §2 (NEW). PL 2021, c. 548, §45 (REV).
Nearby Sections
15
§ 5 §174
Rules§ 5 §17401
Establishment and limitation of fund§ 5 §17402
Payment of premium§ 5 §17403
Administration of fund§ 5 §1741
Definitions§ 5 §17411
Establishment and limitation of fund§ 5 §17412
Payment of premium§ 5 §17413
Administration of fund§ 5 §1742
Powers and duties§ 5 §1742-A
Security; regulations§ 5 §1742-B
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Institutions of higher education