Iowa Code § 12J.7

Current through bills signed by governor as of 5/17/2024
Section 12J.7 - Legal obligations - immunity

With respect to actions taken in compliance with this chapter, including all good-faith determinations regarding companies as required by this chapter, the public fund shall be immune from any liability and exempt from any conflicting statutory or common law obligations, including any such obligations in respect to choice of asset managers, investment funds, or investments for the public fund's securities portfolios.

Iowa Code § 12J.7

Added by 2016 Iowa, ch 1102,s 7, eff. 7/1/2016.