Regulations of Connecticut State Agencies
In order to be eligible for participation in any of the combined investment funds, the participant must meet the following criteria:
(a) Be under the control of the Treasurer for investment or custodial purposes.
(b) Have the general characteristics of a perpetual fund including but not limited to the characteristic of no specific termination date, except for short-term combined investment funds which may be established to accommodate short-term investments.
(c) Have investment objectives and investment authority comparable with the other participants in the combined investment funds.
(Effective October 10, 1972; Amended September 30, 1998)