§201H-77 - Investment of reserves, etc.
[§201H-77] Investment of reserves, etc.
The corporation may invest any funds held in reserves or sinking funds or any
funds not required for immediate disbursement, including the proceeds of bonds,
in property or securities in which the director of finance may legally invest,
as provided in section 36-21, except that funds held outside the state treasury
may be invested for terms not to exceed thirty-five years. No provisions with
respect to the acquisition, operation, or disposition of property by other
government agencies shall be applicable to the corporation unless the
legislature shall specifically so state. [L 2006, c 180, pt of §4]