{"data":{"id":"us-pa/24-pa.c.s.-8542","jurisdiction":"us-pa","citation":"24 Pa.C.S. § 8542","heading":"Establishment.","body":"(a) Fiduciary duty of board.--Consistent with the board's fiduciary responsibilities, the board shall establish a Public Markets Emerging Investment Manager Program.\n(b) Location of managers.--The board shall locate fund managers with a history of generating positive risk adjusted returns.\n(c) Source list.--After location of fund managers, the board shall provide a source of potential managers for the main fund.\n(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.","path":["Title 24 - EDUCATION","PART IV RETIREMENT FOR SCHOOL EMPLOYEES","CHAPTER 85 ADMINISTRATION AND MISCELLANEOUS PROVISIONS","SUBCHAPTER D PUBLIC MARKETS EMERGING INVESTMENT MANAGER PROGRAM"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=24\u0026div=0\u0026chpt=85\u0026sctn=42\u0026subsctn=0","current_through":"2026-03-18 (Statute Update stamp, 24 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:31:48Z","sha256":"6f610b2c6c1bfd71bb89035915f9310ab6cf5c7215d0f7f679e1fea462c84274","source_id":"us-pa","stale":false,"prev":"us-pa/24-pa.c.s.-8541","next":"us-pa/24-pa.c.s.-8543"},"notice":"GroundRules: Original legal text. Not legal advice."}