P.R. Laws tit. 7, § 1284

2019-02-20 00:00:00+00
§ 1284. Investment objectives

Any trust created pursuant to this chapter may accommodate short, medium and long-term investment objectives or any other combination of these objectives, which shall be established by the Government Development Bank for Puerto Rico as trustee of each trust. Every trust shall invest its assets only in those investments that are prudent for the investment of public funds based on the investment objectives established by the Government Development Bank for Puerto Rico for each trust.

History —Aug. 11, 1995, No. 176, § 4.