Pennsylvania § 8542 - Establishment.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 8542 — Establishment., with citation guidance and answers to common questions.
§ 8542. Establishment.
(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.
Cross References. Section 8542 is referred to in section 8541 of this title.
Frequently Asked Questions About Pennsylvania § 8542
What does Pennsylvania Consolidated Statutes § 8542 cover?
Section 8542 ("Establishment.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 8542?
A common citation format is "Pennsylvania Consolidated Statutes § 8542" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 8542 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.