Alaska Statutes (Last Updated: January 11, 2017) |
Title 37. PUBLIC FINANCE. |
Chapter 37.23. INVESTMENT POOLS FOR PUBLIC ENTITIES. |
Section 37.23.060. Investment responsibilities.
Latest version.
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The management and investment of assets by investment pools shall be done with the care, skill, prudence, and diligence under the circumstances then prevailing that an institutional investor would use in the conduct of an enterprise of a like character and with like aims.
Notes
History
(Sec. 3 ch 66 SLA 1992)