§ 923. Employment of agents, assistants; reliance on instruments, other papers.  


Latest version.
  • In the management of the fund, the board may, from time to time, employ agents and expert assistants and delegate to them such ministerial and limited discretionary duties as it sees fit. The board shall not be responsible for any loss occasioned by any agent selected by it with reasonable care, and shall be fully protected in acting upon the advice of expert assistants. The board may rely upon any instrument, certificate or papers believed by it to be genuine.

(Acts 1962, p. 3088, § 21)