348.205. Money not needed may be invested.
Money not needed may be invested.
348.205. Moneys in the fund, both unobligated and obligatedas a reserve, which in the judgment of the authority are notcurrently needed for payments of defaults of guaranteed loans,may be invested by the state treasurer, and any income therefromshall be deposited to the credit of the fund.
(L. 1994 H.B. 1248 & 1048)