Investment of Funds in Parity Lot Subaccounts

4 CMC § 10507, under Irrevocable Trust Fund.

4 CMC § 10507

Investment of Funds in Parity Lot Subaccounts. The Covenant funds trustee is authorized to invest and reinvest amounts in parity lot subaccounts of the trust account as allowed by law and as directed by CEDA. Source: PL 5-37, § 3 (§ 10507); PL 22-1, § 3 (June 7, 2021).