Idaho Code § 57-715

Current through the 2024 Regular Session
Section 57-715 - PERMANENT ENDOWMENT FUNDS DECLARED TO BE TRUST FUNDS

Permanent endowment funds of the state of Idaho are hereby declared to be trust funds of the highest and most sacred order and shall be controlled, managed and invested by the investment board and the investment manager(s) or custodian(s) in accordance with the highest standard, as directed by law and according to policies established by the state board of land commissioners, and as hereinafter provided.

Idaho Code § 57-715

[57-715, added 1969, ch. 244, sec. 2, p. 764; am. 1972, ch. 69, sec. 1, p. 140; am. 1998, ch. 256, sec. 33, p. 838.]