409.950. Fiduciaries and employee retirement systems, investment in certain multinational development banks authorized. - Missouri Statutes

Fiduciaries and employee retirement systems, investment in certainmultinational development banks authorized.

409.950. Notwithstanding any other law to the contrary, securities orother obligations issued by multinational development banks in which theUnited States is a member nation, including the African Development Bank,shall be treated as eligible for investment by all employee retirementsystems and by all fiduciaries created or regulated pursuant to the laws ofthis state. Nothing in this section or in section 379.080, RSMo, shall beconstrued to require such investments.

(L. 1985 H.B. 589 § 1, A.L. 2007 S.B. 66)