Common use of Yield Clause in Contracts

Yield. All monies shall be invested to meet the cash flow requirements of Texas CLASS as determined by the needs of the Participants. Monies in Texas CLASS shall not be invested for longer than 397 days or as specified in Section 6.01(12)(d) and 6.01(3)(d). Monies in Texas CLASS PLUS shall not be invested longer than 7 years.

Appears in 5 contracts

Samples: Investment Policy, Investment Policy, Investment Policy

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