North Carolina Administrative Code (Last Updated: November 13, 2014) |
TITLE 20. STATE TREASURER |
CHAPTER 01. DEPARTMENTAL RULES |
SUBCHAPTER G. INVESTMENT PROGRAM |
20 NCAC 01G .0508. REBALANCING OF OWNERSHIP
Latest version.
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When four calendar quarters have passed without a purchase or redemption of ownership units, the State Treasurer shall rebalance the ownership in the investment fund in any manner he deems appropriate which is not inconsistent with this Section.
History Note: Authority G.S. 147‑69.3;
Eff. December 1, 1987.