The Director of Administration shall invest money held in the Rainy Day Fund in any type of investment approved for the Retirement Fund. All proceeds and income from investments of the Rainy Day Fund shall be deposited in the Rainy Day Fund.
SOURCE: Added by P.L. 22-024:7 (Aug. 31, 1993). Repealed and reenacted by P.L. 29-002::VI:19 (May 18, 2007). Amended by P.L. 35- 036:XII:25 (Sept. 4, 2019).
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ARTICLE 10 LIMITED OBLIGATION INFRASTRUCTURE IMPROVEMENT BONDS
SOURCE: Article added by P.L. 24-111:1 (Dec. 2, 1997).