Alaska Statutes.
Title 37. Public Finance
Chapter 23. Investment Pools For Public Entities
Section 60. Investment Responsibilities.
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AS 37.23.060. Investment Responsibilities.

The management and investment of assets by investment pools shall be done with the care, skill, prudence, and diligence under the circumstances then prevailing that an institutional investor would use in the conduct of an enterprise of a like character and with like aims.

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