§ 2-509. Risk and diversification.

Latest version.

Assets held shall be diversified to control the risk of loss resulting from over concentration of assets in a specific maturity, issuer, instrument, dealer, or bank through which these instruments are bought and sold. Diversification strategies within the established guidelines shall be reviewed and revised periodically as necessary by the investment committee.

(Ord. No. 95-44, § 1, 12-19-95)

                    
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