§ 8-16. General powers and duties of board with respect to fund.

Latest version.

The board of county commissioners may invest the fund and additions and accretions thereto, subject to the qualifications hereinafter set forth, in such manner as it shall deem best suited for the purpose. It may adopt rules and regulations for the investment and control of the fund. It shall at all times keep on hand such sum of money as it may deem sufficient, or have the same invested in such securities as can be immediately sold for cash for the purposes of this fund.

(Sp. Acts, Ch. 65-1310, § 3)

                    
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