11A.20 INVESTMENT OF STATE TREASURY FUNDS NOT CURRENTLY NEEDED.
Subdivision 1. Certification of state treasury funds not currently needed.
are funds in the state treasury over and above the amount that the commissioner of finance has
determined are currently needed, the commissioner shall certify to the state board the amount
Subd. 2. Investment.
The certified amount of state treasury funds not currently needed shall
be invested by the state board subject to the provisions of section
Subd. 3. Crediting of investment income.
Notwithstanding provisions of section
investment income and all investment losses attributable to the investment of state treasury funds,
other than the game and fish fund, not currently needed shall be credited to the general fund.
History: 1980 c 607 art 14 s 18; 1981 c 356 s 254; 1Sp1985 c 13 s 77