12.62 INVESTMENTS BY AGENCIES AND POLITICAL
SUBDIVISIONS -- TECHNICAL INFORMATION AND ASSISTANCE.
The treasurer of state shall adopt rules pursuant to chapter 17A
for providing technical information and assistance to political
subdivisions, the state board of regents, instrumentalities, and
agencies of the state authorized to invest funds which are seeking to
invest public funds. The treasurer or the treasurer's designee shall
provide technical information and assistance to a political
subdivision, the state board of regents, or an instrumentality, or
agency of the state authorized to invest funds at the request of the
political subdivision, the state board of regents, or an
instrumentality, or agency of the state authorized to invest funds,
including but not limited to technical information regarding the
statutory requirements for investments by the political subdivision,
the state board of regents, or an instrumentality, or agency and
technical assistance to enable the political subdivision, the state
board of regents, or an instrumentality, or agency to invest funds in
accordance with state law. However, the fact that information and
assistance are provided under this section to a political
subdivision, the state board of regents, or an instrumentality, or
agency authorized to invest funds shall not make the state, the
treasurer of state, or the treasurer's designee liable to a political
subdivision, the state board of regents, or an instrumentality, or
agency of the state in any manner for any loss, damage, or expense
incurred by the political subdivision, the state board of regents, or
an instrumentality, or agency as a result of an investment.
12.62 INVESTMENTS BY AGENCIES AND POLITICAL
SUBDIVISIONS -- TECHNICAL INFORMATION AND ASSISTANCE.
The treasurer of state shall adopt rules pursuant to chapter 17A
for providing technical information and assistance to political
subdivisions, the state board of regents, instrumentalities, and
agencies of the state authorized to invest funds which are seeking to
invest public funds. The treasurer or the treasurer's designee shall
provide technical information and assistance to a political
subdivision, the state board of regents, or an instrumentality, or
agency of the state authorized to invest funds at the request of the
political subdivision, the state board of regents, or an
instrumentality, or agency of the state authorized to invest funds,
including but not limited to technical information regarding the
statutory requirements for investments by the political subdivision,
the state board of regents, or an instrumentality, or agency and
technical assistance to enable the political subdivision, the state
board of regents, or an instrumentality, or agency to invest funds in
accordance with state law. However, the fact that information and
assistance are provided under this section to a political
subdivision, the state board of regents, or an instrumentality, or
agency authorized to invest funds shall not make the state, the
treasurer of state, or the treasurer's designee liable to a political
subdivision, the state board of regents, or an instrumentality, or
agency of the state in any manner for any loss, damage, or expense
incurred by the political subdivision, the state board of regents, or
an instrumentality, or agency as a result of an investment.
12.62 INVESTMENTS BY AGENCIES AND POLITICAL
SUBDIVISIONS -- TECHNICAL INFORMATION AND ASSISTANCE.
The treasurer of state shall adopt rules pursuant to chapter 17A
for providing technical information and assistance to political
subdivisions, the state board of regents, instrumentalities, and
agencies of the state authorized to invest funds which are seeking to
invest public funds. The treasurer or the treasurer's designee shall
provide technical information and assistance to a political
subdivision, the state board of regents, or an instrumentality, or
agency of the state authorized to invest funds at the request of the
political subdivision, the state board of regents, or an
instrumentality, or agency of the state authorized to invest funds,
including but not limited to technical information regarding the
statutory requirements for investments by the political subdivision,
the state board of regents, or an instrumentality, or agency and
technical assistance to enable the political subdivision, the state
board of regents, or an instrumentality, or agency to invest funds in
accordance with state law. However, the fact that information and
assistance are provided under this section to a political
subdivision, the state board of regents, or an instrumentality, or
agency authorized to invest funds shall not make the state, the
treasurer of state, or the treasurer's designee liable to a political
subdivision, the state board of regents, or an instrumentality, or
agency of the state in any manner for any loss, damage, or expense
incurred by the political subdivision, the state board of regents, or
an instrumentality, or agency as a result of an investment.
