Investment Statutes and Guidelines

State statute governs the investment of the state's operating and restricted cash (i.e. non pension funds) through two sections. One statute provides a list of eligible investments for all public monies while the latter governs trust funds with a longer horizon. In addition, the Treasurer's Office issues additional guidance that is reviewed periodically, to assure that the three investment objectives -- safety, liquidity, and yield -- are met.

State Statutes Pertaining to Cash Management

State Treasurer's Short-Term Investment Guidelines