Section 201 – Investment of money in the permanent state trust fund.

51-7b-201. Investment of money in the permanent state trust fund. (1) The state treasurer shall: (a) invest money in the permanent state trust fund with the primary goal of providing for the stability, income, and growth of the permanent state trust fund’s principal; (b) in making investment decisions, consider: (i) general economic conditions; (ii) the […]

Section 202 – Prudent investor standard — Determining whether standard met.

51-7b-202. Prudent investor standard — Determining whether standard met. (1) The state treasurer shall invest and manage the permanent state trust fund assets as a prudent investor would, by: (a) considering the purposes, terms, distribution requirements, and other circumstances of the permanent state trust fund; and (b) exercising reasonable care, skill, and caution in order […]