§ 35-10-1. Establishment — Membership — Officers — Quorum — Investment votes — Fund managers. (a) There is hereby authorized, created and established in the office of the general treasurer a state investment commission, the membership of which shall consist of the general treasurer, ex officio, or a deputy general treasurer as his or her […]
§ 35-10-10. Repealed. History of Section.P.L. 1963, ch. 171, § 2; Repealed by P.L. 1994, ch. 70, art. 9, § 1, effective July 1, 1994.
§ 35-10-11. Additional investment powers. The state, any state agency, any city or town, and any municipal agency which has, or has control of, any funds not immediately required for other purposes may, in addition to other investments in which it may be authorized to invest by law, and notwithstanding any provisions of any special […]
§ 35-10-12. Investment in corporations doing business in South Africa. (a) It is hereby found by the general assembly that: (1) The African national congress (ANC), led by Nelson Mandela, has called upon the international community to lift all sanctions previously imposed to censure South Africa for its apartheid policies and to apply economic pressure […]
§ 35-10-13. Reinvestments directed at job retention and creation. Consistent with the investment criteria set forth in §§ 35-10-6, 35-10-11, and 35-10-12, the commission is specifically authorized to invest state funds or pension funds in investments which are intended to retain or create jobs in the New England region, but with priority given among the […]
§ 35-10-14. Investment in corporations doing business in Northern Ireland. (a) Notwithstanding any general or special law or regulation to the contrary, the general treasurer, acting as the treasurer/custodian of the state employees’ retirement system and the teachers’ retirement system, and as the chairperson of the state investment commission, is authorized and directed to monitor, […]
§ 35-10-15. Disclosure of performance and expenses. (a) In 2015, the office of general treasurer launched the “Transparent Treasury Initiative” in order to assist the public in accessing information regarding how the state’s pension investments are managed and invested; how such investments are performing; and to provide an overview of the state’s pension investment strategies. […]
§ 35-10-2. Determination of funds for investment. The commission shall in its absolute discretion determine which money of the state fund structure are not immediately required for expenditure and shall invest the money of the state from the general fund, rotary funds, sinking funds, special revenue funds, trust and agency funds, including the veterans’ home […]
§ 35-10-3. Investment of bond issue proceeds. The commission shall invest the proceeds of all bond issues not immediately required. History of Section.P.L. 1958, ch. 164, § 3.
§ 35-10-4. Funds not subject to investment. The commission shall not invest money in funds which are subject to the control of the council on postsecondary education; provided, however, that the commission shall not be prohibited from investing moneys in the college savings program created by § 16-57-6.1. History of Section.P.L. 1958, ch. 164, § […]
§ 35-10-5. Investment of sinking fund moneys. Notwithstanding the provisions of this chapter, any sinking fund money shall be invested in bonds or certificates of indebtedness of the state, or in bonds of the United States or of any state of the United States, or, in the commission’s discretion, in the interest bearing notes or […]
§ 35-10-6. Investment of funds not immediately required. (a) Except as otherwise provided in this chapter, any money not immediately required shall be invested for the benefit of the several funds in any security or investment in which deposits of savings banks and participation deposits in banks and trust companies may be legally invested; provided, […]
§ 35-10-7. Expenses of commission — Employees. (a) Members of the commission shall serve without compensation but shall be reimbursed for any necessary expenses. (b) No member or employee of the commission shall profit directly or indirectly from any investment transaction made by the commission. This provision is not intended to limit in any way […]
§ 35-10-8. Rules and regulations. The commission is authorized and empowered to adopt and prescribe rules of procedure and regulations, and from time to time amend, change, and eliminate such rules and regulations as it may deem necessary to the proper administration of this chapter and the performance of its duties, by filing written notice […]
§ 35-10-9. Repeal of authority of various officers and boards. All authority for investment placed with the governor, the general treasurer, the retirement board, the sinking fund commission, the director of employment security, or any other state officer, is herewith repealed. History of Section.P.L. 1958, ch. 164, § 9.
