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Public Act Number: 347
Public Act Year: 2012
Document Type(s): MCLs
(16 results found)
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Document Type Description
Section 38.1132b Section Definitions; D to G.
Section 38.1132c Section Definitions; I to L.
Section 38.1133 Section Investment authority; investment fiduciary; investing, reinvesting, holding in nominee form, and managing assets of system; powers and duties; compliance with divestment from terror act; costs; "consumer price index" defined; disclosure of fees or other compensation by investment service provider; "investment service provider" defined; prohibited acts; exceptions; requirements; debt instrument issued by foreign country; out-of-state travel; investment in hazardous waste deep disposal well facility; testimony by representative of office of retirement services in department of technology, management, and budget; executive summary of summary annual report; posting on website; submission to legislature; "state unit" defined.
Section 38.1133e Section Prohibited conduct by investment fiduciary, service provider, or covered associate of service provider; exceptions; definitions; official of governmental entity.
Section 38.1133f Section Breach of public trust by investment fiduciary or service provider; "service provider" defined.
Section 38.1134 Section Investment in stock or global security.
Section 38.1135 Section Investment in investment companies.
Section 38.1137 Section Other authorized investments; prohibited investments.
Section 38.1139 Section Investment in real estate investment trust or real or personal property.
Section 38.1139a Section State treasurer as investment fiduciary; investments in private equity; limitation; investment fiduciary not state treasurer; limitation.
Section 38.1140c Section Financial institution, trust company, or management company retained as investment fiduciary; investment of system assets in collective investment fund, common trust fund, or pooled fund established and maintained by financial institution or management company; “financial institution” defined.
Section 38.1140d Section Investments not qualified under act.
Section 38.1140h Section Applicable law; retention of financial records; "financial records" defined; disclosure of certain information; actuarial valuation; supplemental actuarial analysis; "proposed pension benefit change" defined; availability and publication of summary annual report.
Section 38.1140k Section Investment in global securities; prohibited conduct.
Section 38.1140m Section Employer contribution.
Section 38.1141 Section Removal of member of board or body.