Series 51: Authorization And Administration

Taken from our Series 51 Online Guide

Authorization and Administration

LGIPs are authorized by state law. As a result, their characteristics will vary from state to state. They can differ in the financial instruments available under state law and in their stated investment objectives. Other differences may include legal structure and procedures for depositing and withdrawing money. Each pool has its own process for establishing a customer account, such as the documents the

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