Authorized Investment

Authorized Investment

An investment made in accordance with a trust or a client's wishes or other instructions. It is illegal for a fiduciary agent or a trustee to make anything other than an authorized investment. This contrasts with a legal investment, which is an investment a regulated institution is allowed to make by the government.
References in periodicals archive ?
House File 569: an Act concerning authorized investment vehicles in a tax-sheltered investment program established by the Department of Administrative Services.
html) suspended its planned conversion of the trust into a property authorized investment fund.
DAMASCUS, (SANA) - the number of authorized investment projects during the first 3 months of the year 2010 raised to 105 projects with a total cost of about 12.
An investment policy is much more than a simple list of authorized investment instruments.
The City of San Antonios Finance Department is seeking proposals from qualified investment consultant to provide Investment Consulting Services related to the Citys Investment Portfolio and Investment Training to the Citys authorized investment officers in accordance with the Texas Public Funds Investment Act (the Act ).
As an authorized investment under Florida Statutes 163.
FCMB also has a presence in the United Kingdom (through its Financial Services Authority ( FSA ) authorized investment banking subsidiary, FCMB UK) and a representative office in the Republic of South Africa.
Rauh confirmed that before, the VPIC authorized investment consultant NEPC to hold a public search for value-added/opportunistic managers at its Aug.
A new production manufacturer in Taoyuan in north Taiwan is being developed, planned for conclusion in May next year which will have a authorized investment of as much as NT$7 billion dollars.
A state-owned enterprise, SGCC is been authorised by the State Council to carry out government authorized investment activities.
SGGA was established on December 29, 2002 as a government-owned enterprise approved by the State Council to conduct government authorized investment activities.
Since the Council of State's ruling, the French government has declared that the A86 tunnel section must proceed to completion, and that, once the concession has been reawarded, the future concessionaire must undertake the cost of authorized investment outlays prior to the ruling (estimated at FFr1.
Full browser ?