Bill Summaries: H1237 (2013-2014 Session)

  • Summary date: May 27 2014 - View summary

    Amends GS 147-69.7(b) to add the requirement that the State Treasurer, in investing and managing assets of the Retirement Systems, collect and maintain as public records the amounts in fees paid to each investment manager, the performance of each investment manager, and all documents related to the investments. Specifies what the fee information is to include. Specifies that the information is a public record and is not confidential or a trade secret. Effective July 1, 2014, and applies to information and documentation related to fees paid on or after that date.