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Pennsylvania · Through 2026-03-18 (Statute Update stamp, 24 Pa.C.S.)

24 Pa.C.S. § 8542: Establishment.

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Where this section sits in the code
  1. Title 24 - EDUCATION
  2. PART IV RETIREMENT FOR SCHOOL EMPLOYEES
  3. CHAPTER 85 ADMINISTRATION AND MISCELLANEOUS PROVISIONS
  4. SUBCHAPTER D PUBLIC MARKETS EMERGING INVESTMENT MANAGER PROGRAM

(a) Fiduciary duty of board.--Consistent with the board's fiduciary responsibilities, the board shall establish a Public Markets Emerging Investment Manager Program.

(b) Location of managers.--The board shall locate fund managers with a history of generating positive risk adjusted returns.

(c) Source list.--After location of fund managers, the board shall provide a source of potential managers for the main fund.

(d) Assistance with marketing.--In order to grow public market emerging investments firms, the board shall assist in using the system's name in the manager's marketing efforts.

Collected 2026-09-02T16:31:48Z. Source file · JSON

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