Source: https://www.revisor.mn.gov/statutes/2012/cite/69.77
Timestamp: 2020-02-29 07:23:22
Document Index: 248662969

Matched Legal Cases: ['art 8', 'art 8', 'art 11', 'art 14', 'art 15', 'art 3', 'art 1', 'art 8', 'art 19', 'art 2', 'art 6', 'art 1', 'art 11', 'art 11', 'art 8', 'art 8', 'art 6', 'art 7', 'art 8', 'art 10', 'art 11']

﻿ Sec. 69.77 MN Statutes
69.76 69.771
2011 Subd. 1a Amended 2011 c 8 art 8 s 4
2011 Subd. 4 Amended 2011 c 8 art 8 s 5
2005 Subd. 4 Amended 2005 c 8 art 11 s 1
69.77 BLOOMINGTON FIREFIGHTERS RELIEF ASSOCIATION.
The provisions of this section apply to the Bloomington Firefighters Relief Association.
(2) for the Bloomington Fire Department Relief Association, to the dollar amount of normal cost determined under clause (1) must be added an amount equal to the dollar amount of the administrative expenses of the special fund of the association if more than one fund is maintained by the association, or of the association if only one fund is maintained, for the most recent year, multiplied by the factor of 1.035. The administrative expenses are those authorized under section 69.80; and
(d) The Bloomington Fire Department Relief Association special fund amortization date is determined under section 356.216, clause (2). The amortization date specified in this paragraph supersedes any amortization date specified in any applicable special law.
Subd. 9.Local paid fire relief association investment authority.
(a) The special fund of the association must be invested in securities that are authorized investments under section 356A.06, subdivision 6 or 7, whichever applies.
(b) The governing board of the association may select and appoint a qualified private firm to measure management performance and return on investment, and the firm must use the formula or formulas developed by the state board under section 11A.04, clause (11).
(c) The governing board of the association may certify general fund assets of the relief association for investment by the State Board of Investment in fixed income pools or in a separately managed account at the discretion of the State Board of Investment as provided in section 11A.14.
1969 c 223 s 1,2; 1971 c 11 s 1; 1971 c 329 s 1; 1973 c 129 s 6; 1973 c 772 s 2; 1974 c 152 s 10; 1975 c 271 s 6; 1977 c 429 s 63; 1978 c 563 s 1-3; 1980 c 341 s 1; 1980 c 607 art 14 s 27; art 15 s 2; 1981 c 208 s 7; 1981 c 224 s 23-26; 1982 c 460 s 5; 1982 c 578 art 3 s 2; 1983 c 71 s 1; 1983 c 289 s 114 subd 1; 1983 c 291 s 2; 1984 c 574 s 2; 1984 c 655 art 1 s 92; 1Sp1985 c 7 s 35; 1986 c 356 s 6; 1986 c 359 s 10; 1987 c 259 s 6,7; 1989 c 319 art 8 s 7; art 19 s 3; 1993 c 300 s 8; 1994 c 604 art 2 s 1; 2002 c 377 art 6 s 1; 2002 c 392 art 1 s 1; art 11 s 52; 1Sp2005 c 8 art 11 s 1; 2006 c 271 art 8 s 1; 2009 c 169 art 8 s 1; 1Sp2011 c 8 art 6 s 19; art 7 s 19; art 8 s 4,5,14; 2012 c 286 art 10 s 4; art 11 s 1,2