Sec. 3-13k. Direction of third party fees by Treasurer prohibited. Personal use by Treasurer of broker's credits prohibited. - Connecticut Statutes

State Codes and Statutes

Statutes > Connecticut > Title3 > Chap032 > Sec3-13k

      Sec. 3-13k. Direction of third party fees by Treasurer prohibited. Personal use by Treasurer of broker's credits prohibited. (a) The Treasurer shall not direct the payment of any third party fees to any person other than third party fees paid in connection with state bond sales or fees permitted by the Internal Revenue Code in connection with guaranteed investment contracts related to debt issuance.

      (b) Neither the Treasurer, nor any agent or employee of the Treasurer, shall make personal use of any credit or thing of value given by a broker or firm in connection with the investment of trust funds.

      (P.A. 00-43, S. 6, 19.)

      History: P.A. 00-43 effective May 3, 2000.

State Codes and Statutes

Statutes > Connecticut > Title3 > Chap032 > Sec3-13k

      Sec. 3-13k. Direction of third party fees by Treasurer prohibited. Personal use by Treasurer of broker's credits prohibited. (a) The Treasurer shall not direct the payment of any third party fees to any person other than third party fees paid in connection with state bond sales or fees permitted by the Internal Revenue Code in connection with guaranteed investment contracts related to debt issuance.

      (b) Neither the Treasurer, nor any agent or employee of the Treasurer, shall make personal use of any credit or thing of value given by a broker or firm in connection with the investment of trust funds.

      (P.A. 00-43, S. 6, 19.)

      History: P.A. 00-43 effective May 3, 2000.

State Codes and Statutes

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State Codes and Statutes

Statutes > Connecticut > Title3 > Chap032 > Sec3-13k

      Sec. 3-13k. Direction of third party fees by Treasurer prohibited. Personal use by Treasurer of broker's credits prohibited. (a) The Treasurer shall not direct the payment of any third party fees to any person other than third party fees paid in connection with state bond sales or fees permitted by the Internal Revenue Code in connection with guaranteed investment contracts related to debt issuance.

      (b) Neither the Treasurer, nor any agent or employee of the Treasurer, shall make personal use of any credit or thing of value given by a broker or firm in connection with the investment of trust funds.

      (P.A. 00-43, S. 6, 19.)

      History: P.A. 00-43 effective May 3, 2000.