Regulation of public funds custodial agreements.

; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; courier new tur ; arial (vietnamese) ; courier new (arabic) ; times new roman ce ; tahoma (vietnamese) ; arial (hebrew) ; times new roman cyr ; courier new greek ; symbol ; tahoma (hebrew) ; arial ; arial baltic ; arial tur ; times new roman (arabic) ; courier new ; imperial bt ; tahoma ce ; wingdings ; tahoma cyr ; times new roman tur ; courier new ce ; tahoma ; courier new (hebrew) ; arial (arabic) ; courier new baltic ; courier new cyr ; times new roman ; tahoma baltic ; tahoma (arabic) ; arial ce ; courier new (vietnamese) ; tahoma (thai) ; times new roman greek ; tahoma greek ; tahoma tur ; times new roman (hebrew) ; times new roman baltic ; times new roman (vietnamese) ; arial greek ; arial cyr ; \* .;
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 ?; ; ; Normal ; heading 1 ; heading 2 ; heading 3 ; heading 4 ; heading 5 ; heading 6 ; heading 7 ; heading 8 ; heading 9 ; Balloon Text ; Block Text ; Body Text ; Body Text 2 ; Body Text 3 ; Body Text First Indent ; Body Text First Indent 2 ; Body Text Indent 2 ; Body Text Indent 3 ; caption ; Closing ; annotation text ; annotation subject ; Date ; Document Map ; E-mail Signature ; endnote text ; envelope address ; envelope return ; footer ; footnote text ; header ; HTML Address ; HTML Preformatted ; index 1 ; index 2 ; index 3 ; index 4 ; index 5 ; index 6 ; index 7 ; index 8 ; index 9 ; index heading ; List ; List 2 ; List 3 ; List 4 ; List 5 ; List Bullet ; List Bullet 2 ; List Bullet 3 ; List Bullet 4 ; List Bullet 5 ; List Continue ; List Continue 2 ; List Continue 3 ; List Continue 4 ; List Continue 5 ; List Number ; List Number 2 ; List Number 3 ; List Number 4 ; List Number 5 ; macro ; Message Header ; Normal (Web) ; Normal Indent ; Note Heading ; Plain Text ; Salutation ; Signature ; Subtitle ; table of authorities ; table of figures ; Title ; toa heading ; toc 1 ; toc 2 ; toc 3 ; toc 4 ; toc 5 ; toc 6 ; toc 7 ; toc 8 ; toc 9 ; \~\~ \~\~ \~\~ \~\~ \~\~ 12B.10C \~\~ Regulation of public funds custodial agreements. \~\~ 1. \~\~ The treasurer of state, in consultation with the attorney general, shall adopt rules under chapter 17A requiring the inclusion in public funds custodial agreements of any provisions necessary to prevent loss of public funds. \~\~ 2. \~\~ As used in this section , “public funds custodial agreement” means any contractual arrangement pursuant to which one or more persons, including but not limited to investment advisors, investment companies, trustees, agents and custodians, are authorized to act as a custodian of or to designate another person to act as a custodian of public funds or any security or document of ownership or title evidencing public funds investments other than custodial agreements between an open-end management investment company registered with the federal securities and exchange commission under the federal Investment Company Act of 1940 , 15 U.S.C. §80a-1 and a custodian bank. \~\~ 3. \~\~ As used in this section “public funds” means public funds as defined in section 12C.1 . However, this section does not apply to public funds that are invested under the provisions of a resolution or indenture for the issuance of bonds, notes, certificates, warrants, or other evidences of indebtedness. To the extent that a provision of this section conflicts with federal law, it shall be construed to avoid the conflict. \~\~ 4. \~\~ The following entities are not subject to this section : \~\~ a. \~\~ The public safety peace officers’ retirement system governed by chapter 97A . \~\~ b. \~\~ The Iowa public employees’ retirement system governed by chapter 97B . \~\~ c. \~\~ Investments by the Iowa finance authority governed by chapter 16 . \~\~ d. \~\~ A pension and annuity retirement system governed by chapter 294 . \~\~ e. \~\~ The statewide fire and police retirement system governed by chapter 411 . \~\~ f. \~\~ The judicial retirement system governed by chapter 602, article 9 . \~\~ g. \~\~ The deferred compensation plan established by the executive council pursuant to section 509A.12 . \~\~ h. \~\~ The tobacco settlement authority governed by chapter 12E . \~\~ i. \~\~ Municipal utility retirement systems governed under chapter 412 . \~\~ j. \~\~ The state board of regents governed by chapter 262 . \~\~ k. \~\~ The veterans trust fund established in section 35A.13 . 92 Acts, ch 1156, §19 ; 96 Acts, ch 1187, §78 ; 97 Acts, ch 185, §4 ; 2000 Acts, ch 1208, §23, 25 ; 2001 Acts, ch 102, §3 ; 2005 Acts, ch 179, §147 ; 2008 Acts, ch 1032, §201 ; 2015 Acts, ch 30, §5 ; 2022 Acts, ch 1034, §2 Referred to in §12B.10A , 12B.10B , 12B.14 , 28E.5