Minnesota Statutes 144E.44 – Trust Account Investment
Current as of: 2023 | Check for updates
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The trust account must be invested by the State Board of Investment in nonretirement funds established under the provisions of section 11A.14. The trust account must be invested in investment accounts so that the asset allocation is similar to the asset allocation of the income share account of the Minnesota supplemental investment fund, as governed by section 11A.17.
Terms Used In Minnesota Statutes 144E.44
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
- Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC