(a) The State Treasury Money Management Trust was designed to afford state agencies and other local governments another investment option for their cash funds.
(b) To that end, the trust’s objectives will be:
(1) Safety;
(2) Liquidity; and
(3) Return on investment.
(c) Participants with relatively small amounts of money can take advantage of the economies of scale provided by joint investment.
(d) All participants can take advantage of the State Treasury’s internal compliance protocols.