§ 5-426. Investments

Latest version.

   (a) In general. -- The Treasurer shall:

   (1) invest the money in the Fund in the same manner as other State money may be invested; and

   (2) credit any investment earnings to the Fund.

(b) Benefit of earnings. -- Any net investment earnings of the Fund, beyond those necessary to further the purposes of this subtitle, may not benefit a person other than the State.

HISTORY: An. Code 1957, art. 83A, § 5-914(d); 2008, ch. 306, § 2.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');