Public Funds and Accounts
State Money Management Act
Section 11.5
Certified investment advisers -- Scope of and limits to authority.
     51-7-11.5.   Certified investment advisers -- Scope of and limits to authority.
     (1) Certified investment advisers may not make any investments that are inconsistent with this chapter or rules of the council.
     (2) Certified investment advisers acting on behalf of a public treasurer shall conduct investment transactions only through qualified depositories, certified dealers, or directly with issuers of the investment securities.

Amended by Chapter 254, 2007 General Session
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