22-11-11. Educational retirement fund.
A. The educational retirement fund is created.
B. The state treasurer shall be the custodian of the fund and the board shall be the trustee of the fund.
C. All membership fees, contributions from members and local administrative units, securities evidencing the investment of money from the fund, interest, gifts, grants or bequests shall be deposited in the fund.
22-11-11. Educational retirement fund.
A. The educational retirement fund is created.
B. The state treasurer shall be the custodian of the fund and the board shall be the trustee of the fund.
C. All membership fees, contributions from members and local administrative units, securities evidencing the investment of money from the fund, interest, gifts, grants or bequests shall be deposited in the fund.
22-11-11. Educational retirement fund.
A. The educational retirement fund is created.
B. The state treasurer shall be the custodian of the fund and the board shall be the trustee of the fund.
C. All membership fees, contributions from members and local administrative units, securities evidencing the investment of money from the fund, interest, gifts, grants or bequests shall be deposited in the fund.
