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SB0246 ~~Engrossed~~ LRB104 08227 SPS 18277 b AN ACT concerning State government.

SB0246 Enrolled LRB104 08227 SPS 18277 b AN ACT concerning State government.

(c) The Treasurer may invest the funds constituting the SB0246 ~~Engrossed~~ - 2 - LRB104 08227 SPS 18277 b non-profit investment pool in the same manner, in the same types of investments, and subject to the same limitations provided for the investment of funds in the State Treasury.

(c) The Treasurer may invest the funds constituting the SB0246 Enrolled - 2 - LRB104 08227 SPS 18277 b non-profit investment pool in the same manner, in the same types of investments, and subject to the same limitations provided for the investment of funds in the State Treasury.

The rules shall provide for the administrative expenses of the non-profit investment pool to be paid from its earnings and for the interest earnings in excess of such expenses to be credited or paid monthly to the not-for-profit corporations participating in the non-profit investment pool in a manner SB0246 ~~Engrossed~~ - 3 - LRB104 08227 SPS 18277 b which equitably reflects the differing amounts of their respective investments in the non-profit investment pool and the differing periods of time for which the amounts were in the custody of the non-profit investment pool.

The rules shall provide for the administrative expenses of the non-profit investment pool to be paid from its earnings and for the interest earnings in excess of such expenses to be credited or paid monthly to the not-for-profit corporations participating in the non-profit investment pool in a manner SB0246 Enrolled - 3 - LRB104 08227 SPS 18277 b which equitably reflects the differing amounts of their respective investments in the non-profit investment pool and the differing periods of time for which the amounts were in the custody of the non-profit investment pool.