State Codes and Statutes

Statutes > Arizona > Title35 > 35-314.02

35-314.02. Budget stabilization fund monies; investment

In addition to the investment authority in section 35-313, the state treasurer may invest and reinvest monies of the budget stabilization fund established in section 35-144 in equity securities pursuant to section 35-314, except that not more than twenty-five per cent of the monies may be invested in equity securities at any time. The percentage of investment shall be calculated at cost.

State Codes and Statutes

Statutes > Arizona > Title35 > 35-314.02

35-314.02. Budget stabilization fund monies; investment

In addition to the investment authority in section 35-313, the state treasurer may invest and reinvest monies of the budget stabilization fund established in section 35-144 in equity securities pursuant to section 35-314, except that not more than twenty-five per cent of the monies may be invested in equity securities at any time. The percentage of investment shall be calculated at cost.


State Codes and Statutes

State Codes and Statutes

Statutes > Arizona > Title35 > 35-314.02

35-314.02. Budget stabilization fund monies; investment

In addition to the investment authority in section 35-313, the state treasurer may invest and reinvest monies of the budget stabilization fund established in section 35-144 in equity securities pursuant to section 35-314, except that not more than twenty-five per cent of the monies may be invested in equity securities at any time. The percentage of investment shall be calculated at cost.