SECTION .1200 ‑ INVESTMENTS
04 NCAC 06C .1201 INVESTMENT ACTIVITIES
Investments shall be made pursuant to G.S. 54, Article 14 I. The Administrator shall consider agreements or options to buy or sell government securities at a future date that are speculative in nature as unsafe and unsound practices.
History Note: Authority G.S. 54‑109.12; 54‑109.82; 54‑109.92(a);
Eff. April 1, 1979;
Readopted Eff. February 1, 2018.