(a) For purposes of this subchapter, “city” means a city of the first class, a city of the second class, and an unincorporated town. (b) Subject to subsection (c) of this section, a board of trustees of a city nonuniformed employees’ pension plan with assets in excess of one hundred thousand dollars ($100,000) shall have […]
(a) A board of trustees of a city nonuniformed employees’ pension plan with assets in excess of one hundred thousand dollars ($100,000) may employ an investment advisor as its agent to make investment recommendations and to invest the assets pursuant to a written board investment policy, provided that the governing body of the city declares […]
(a) Trustees who comply with the requirements of § 24-2-618(a) are not liable to the beneficiaries or to the trust for the decisions or actions of the agent to whom the function was delegated. (b) By accepting the delegation of a trust function from the trustees of a trust that is subject to the law […]
This act is cumulative to §§ 24-12-101 — 24-12-118 and shall not repeal those sections.
