SB 550 Requires all state retirement systems to monitor their investments for fraud
Sponsor: Crowell
LR Number: 2255S.01I Fiscal Note:
Committee: Veterans' Affairs, Pensions and Urban Affairs
Last Action: 3/3/2009 - Second Read and Referred S Veterans' Affairs, Pensions and Urban Affairs Committee Journal Page: S448
Title: Calendar Position:
Effective Date: August 28, 2009

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Current Bill Summary


SB 550 - This act requires that all state retirement systems monitor their investments on a regular basis to determine the existence of fraud or misdealing. These retirement systems shall also determine whether an action to recover any losses from fraud or misdealing is appropriate.

EMILY KALMER