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State Statutes - Idaho - Title 57 - Chapter 7 - 57-723
Idaho Statutes
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57-723 - INVESTMENT POWERS OF THE BOARD -- APPLICATION OF IDAHO UNIFORM PRUDENT INVESTOR ACT
INVESTMENT POWERS OF THE BOARD -- APPLICATION OF IDAHO UNIFORM
PRUDENT INVESTOR ACT. Any other sections of the Code notwithstanding, the
investment board or its investment manager(s) or custodian(s) shall have the
care and control of all investment instruments representing mortgages, bonds,
warrants, investments and other securities in which the permanent endowment
funds and earnings reserve funds of the state shall be invested.
The investment board and its investment manager(s) shall be governed by
the Idaho uniform prudent investor act (chapter 5, title 68, Idaho Code), and
shall invest and manage the assets of the respective trusts in accordance with
that act and the Idaho constitution.
 
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