9-4-705 - State assistance.
9-4-705. State assistance.
The state treasurer is authorized to assist local governments in investing funds that are temporarily in excess of operating needs by:
(1) Explaining investment opportunities to such local governments through publication and other appropriate means;
(2) Acquainting such local governments with the state's practice and experience in investing short-term funds; and
(3) Providing technical assistance in investment of idle funds to local governments that request such assistance.
[Acts 1985, ch. 118, § 52.]