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7.23 Investment of Funds

7.23 Investment of Funds

Chapter 7.00: Business Services

7.23

INVESTMENT OF FUNDS

POLICY

I. The Superintendent shall invest temporarily idle funds to earn the maximum return for the period available while assuring minimum risk to principal. The investment objectives shall be consistent with F.S. 218.415(17).

STATUTORY AUTHORITY: 1001.42, F.S.

LAWS IMPLEMENTED: 218.415, 1001.32, 1001.43, 1011.09, F.S.

STATE DEPARTMENT OF AGRICULTURE AND CONSUMER SERVICES RULES:

HISTORY: Adopted: 01/08/2002

Revision Date(s): 11/17/2009, 07/14/2015

Formerly: New

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