§ 35-2. Objectives.

Latest version.

The primary objectives of the local government's investment activities are, in priority order:

A.
To conform with all applicable federal, state and other legal requirements (legal).

B.
To adequately safeguard principal (safety).

C.
To provide sufficient liquidity to meet all operating requirements (liquidity).

D.
To obtain a reasonable rate of return.

                    
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