Authorized Investments

Sections 8142 through 8159, inclusive, identify specific types of investments which are authorized for purchase by the fund subject to the procedures, limitations and authorizations contained in §§ 8142 through 8145, inclusive. Nothing contained in any Section shall be construed to require sale or disposition of an investment, authorized at the time of acquisition, if such investment should subsequently cease to be authorized for purchase. SOURCE: GC § 4225.5, as amended by P.L. 13-056 (Sept. 22, 1975). Repealed and reenacted by P.L. 26-035:IV:22 (Sept. 28, 2001). Reenacted to its prior version by P.L. 26-058:XI:10 (Nov. 20, 2001). 2025 NOTE: The Compiler has corrected manifest errors in past publications of the GCA, including omissions of legislative history.