67-1227. INVESTMENT AT REQUEST OF STATE AGENCY. At the request of an agency, the state treasurer is hereby authorized to accept for investment the funds of an Idaho agency or funds held in trust by an Idaho agency that are not idle moneys subject to investment under section 67-1210, Idaho Code. The state treasurer may invest the funds submitted for investment under this section in any investment the treasurer is authorized by law to acquire using the idle moneys of the state of Idaho. The state treasurer may pool funds submitted for investment under this section with funds invested by the state treasurer under any program authorized by this chapter. The treasurer may require the agency certify its authority to submit the funds for investment by the state treasurer and its authority to invest the funds in the investments authorized by this section. The costs of investing funds pursuant to this section shall be paid from the funds invested or the earnings on such funds or from a fund designated in advance by the agency.
History:
[67-1227, added 2016, ch. 167, sec. 4, p. 465.]
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