Title 35, Title 35 Finance

As used in this chapter, the following terms, unless the context requires a different interpretation, have the following meanings: (1) “Commission” means the state investment commission; (2) “Participation Unit” means the equal proportionate share into which the beneficial intere…

Notwithstanding and general or special law or regulation to the contrary, the general treasurer may establish, subject to the approval of the commission, one or more investment pool trust funds containing certain monies in accordance with § 35-10.2-5.

Each investment pool trust fund may contain any or a combination of any of the following: (1) Monies of the several funds of the state according to § 35-10-2; (2) The proceeds of all bond issues not immediately required; or (3) The funds under the custody of agencies, authorities…

The general treasurer shall serve as trustee for each established investment pool trust fund in accordance with this chapter.

The general treasurer shall invest each investment pool trust fund in instruments prescribed, and in amounts approved, by the commission in accordance with § 35-10-6.

The general treasurer is authorized to sell to all agencies, authorities, commissions, boards, municipalities, political subdivisions, and other public units of the state, participation units in any such combined investment trust fund. Such participation units are made legal inve…

(a) The general treasurer shall keep a separate account of each participant having funds in the investment pool. Each separate account shall record the individual amounts deposited in the investment pool, the date of withdrawals, and the earnings credited or paid. The general tre…