Okla. Admin. Code § 150:160-1-5

Current through Vol. 42, No. 7, December 16, 2024

Section 150:160-1-5 - Participating public entities

(a) Public Entities who are considering investing under the act should not rely, either solely or in part, on the fact that a Firm has been approved for participation in making investment decisions.

(b) Because the needs of each Public Entity may be different, each Public Entity should do their own due diligence before investing in a participating Firm.

(c) By allowing a Firm to participate, the Department does not make any representation as to the performance or viability of any Fund or Firm. Public entities who choose to participate do so at their own risk after performing their own due diligence and make decisions in accord with their fiduciary duties to their clients.

Okla. Admin. Code § 150:160-1-5

Adopted by Oklahoma Register, Volume 39, Issue 09, January 18, 2022, eff. 12/15/2021

Adopted by Oklahoma Register, Volume 39, Issue 24, September 1, 2022, eff. 9/11/2022