Md. Code Regs. 25.03.04.01

Current through Register Vol. 52, No. 1, January 10, 2025

Section 25.03.04.01 - Purpose

The purpose of this Policy is to ensure that public money is invested by the State in a manner that will:

A. Provide the highest investment return with the maximum safety and security while meeting the anticipated daily cash flow requirements of the State;

B. Conform to all State laws governing the investment of public money; and

C. Specify the asset classes, thresholds for maximum investment in each asset class, and other requirements for the investment of public money by the State.

Md. Code Regs. 25.03.04.01

Regulation .01 adopted effective 51:11 Md. R. 577, effective 4/25/2024, exp. 10/22/2024 (Emergency); adopted effective 51:22 Md. R. 957-1028, eff. 11/11/2024.