NASACT and NAST Release Voluntary Best Practices for Stable NAV LGIPs
Section: NASACT

NASACT and the National Association of State Treasurers recently released “Voluntary Guidelines for the Management of Stable Net Asset Value Local Government Investment Pools.” These voluntary guidelines should assist state leaders with guidance for managing investment pools in a manner that provides both state and local government participants with investment options that, when prudently managed, provide safety of principal and liquidity. Click to view the white paper.