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Pueblo de San Ildefonso Code.

6.6.6.010 Findings

(a) The Pueblo maintains investment accounts with an investment firm with such accounts containing significant funds for future needs of the Pueblo and to provide security for unforeseen circumstances;

(b) The investment firm makes important decisions regarding the management of the Pueblo's investment accounts and involving complicated securities transactions in a highly regulated environment;

(c) The Council has identified the need to provide additional protections and monitoring of the Pueblo's investment accounts through regular, professional monitoring of the transactions involving the Pueblo's funds.

(d) The Council hereby enacts the attached law entitled the "Investment Fund Protection Act."