3 Alaska Admin. Code § 13.810

Current through November 28, 2024

Section 3 AAC 13.810 - Additional permissible investments

In addition to the assets and securities listed in AS 06.55.502, a permissible investment for purposes of AS 06.55 includes

(1) commercial paper within the top three rating categories of a nationally recognized rating service;

(2) interest-bearing bills, notes, or bonds that bear a rating within the top three rating categories of a nationally recognized rating service; and

(3) virtual currency for outstanding obligations denominated in the same virtual currency.

3 AAC 13.810

Eff. 7/12/2008, Register 187; am 1/1/2023, Register 244, January 2023

Authority:AS 06.55.501

AS 06.55.502

AS 44.33.020