Bill Summary for S 215 (2011-2012)
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Summary date:
Mar 31 2011
Bill Information:
| View NCGA Bill Details | 2011-2012 Session |
TO MODIFY THE STATE TREASURER INVESTMENT STATUTE.Intro. by Apodaca, Brunstetter, Hise.
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Bill summary
Senate committee substitute makes the following changes to 1st edition. Clarifies that the assets authorized under GS 147-69.2(b)(8) can also be invested directly by the state treasurer in any equity securities for the purpose of approximating the movements of a nationally recognized and published market benchmark index.