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Sveta_85 [38]
1 year ago
10

Lgips marketed by broker-dealers are investment vehicles offered to:________

Social Studies
1 answer:
jarptica [38.1K]1 year ago
4 0

(d). local governmental entities in that state

LGIPS marketed by broker-dealers is an investment vehicle offered to:- _<u>(d). local governmental entities in that state</u>

<h3 /><h3>What are LGIPs(Local government investment pools)?</h3>

State-created local government investment pools give other governmental organizations (such as cities, counties, school districts, or other state agencies) a short-term investment vehicle, frequently in the form of a trust, to buy shares or units in a portfolio of investments. Typically, a municipality's involvement in an LGIP is governed by state law. LGIPs can be set up as state-sponsored, county treasurer-sponsored, or through so-called "joint powers" agreements, which are intergovernmental agreements. For the benefit of the municipalities and other public entities located within the state, state-sponsored LGIPs are supervised and managed by the state treasurer or another governing body with the necessary authority. Alternately, if permitted by state law, local governments may collaborate through a joint powers agreement to establish an authority to sponsor an LGIP that runs independently of the state government. In this instance, a board of trustees composed of experts in government treasury and investment procedures normally oversees the authority.

To know more about Local government investment pools visit:- brainly.com/question/15584057

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Why is latin america known as a blending of cultures
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Answer:

Latin American culture is the formal or informal expression of the people of Latin America and includes both high culture (literature and high art) and popular culture (music, folk art, and dance) as well as religion and other customary practices.

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