Okla. Admin. Code § 150:160-1-5 - Participating public entities
(a) Public
Entities who are considering investing under the act should not rely, either
solely or in part, on the fact that a Firm has been approved for participation
in making investment decisions.
(b)
Because the needs of each Public Entity may be different, each Public Entity
should do their own due diligence before investing in a participating
Firm.
(c) By allowing a Firm to
participate, the Department does not make any representation as to the
performance or viability of any Fund or Firm. Public entities who choose to
participate do so at their own risk after performing their own due diligence
and make decisions in accord with their fiduciary duties to their
clients.
Notes
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