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OPEN TO THE PUBLIC

Gloria Dinerman (President of The library Co‐op, Colonia, New Jersey.)

The Bottom Line

ISSN: 0888-045X

Article publication date: 1 March 1988

28

Abstract

While each of our fifty states have varied restrictions on legal investments for library funds, generally, putting funds into new issues as opposed to securities is considered inappropriate for money generated through public taxation. Since endowment portfolios show more flexibility, with limitations set basically by the terms of the trust, it is within this parameter that a knowledgeable investor can turn to the new‐issue market as a way to take part in the development of a potential resource for higher earnings for the library.

Citation

Dinerman, G. (1988), "OPEN TO THE PUBLIC", The Bottom Line, Vol. 1 No. 3, pp. 37-38. https://doi.org/10.1108/eb025131

Publisher

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MCB UP Ltd

Copyright © 1988, MCB UP Limited

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