§ 35-10.2-9 — § 35-10.2-9. Reporting.

Rhode Island § 35-10.2-9

• Jurisdiction: Rhode Island
• Title 35: Public Finance
• Ch. 35-10.2: Rhode Island Local Government Investment Pool

Text

§ 35-10.2-9. Reporting.

(a) The general treasurer shall keep a separate account of each participant having funds in the investment pool. Each separate account shall record the individual amounts deposited in the investment pool, the date of withdrawals, and the earnings credited or paid. The general treasurer shall report monthly the status of the respective account to each participant having funds in the pool during the previous month.

(b) At the end of each fiscal year, the general treasurer shall submit to the governor and the state auditor a summary of the activity of the investment pool. The summary shall indicate the quantity of funds deposited; the earnings of the pool; the investments purchased, sold, or exchanged; the administrative expenses of the investment pool; and such other information as the state treasurer deems relevant.

Legislative History

P.L. 2011, ch. 284, § 1; P.L. 2011, ch. 307, § 1.