§ 32422 Trust Fund Securities Sale

• •The finance officer must try to sell some special papers (securities) from a trust fund.
• •They have to follow rules set by the board when selling these papers.
• •The papers can be sold to regular people or the state.

Imagine you have some special gift cards (securities) that are worth money.

The person in charge of money (finance officer) has to try to sell these gift cards to others, like your friends or the school (private investors or the state), but they have to follow the school's rules (board's policies) when doing it.