§5-10-39. No trustee, etc., shall gain from investments of system.
Except as otherwise provided in this article, no trustee, no
member of the board of public works, and no employee of the board
of trustees shall have any interest, direct or indirect, in the
gains or profits arising from any investment or reinvestment of
retirement system moneys. No trustee, no member of the board of
public works, and no employee of the board of trustees shall,
directly or indirectly, for himself or as an agent or partner of
others, in any manner use the same, except to make current and
necessary payments as are authorized by the board of trustees. No
trustee, no member of the board of public works, and no employee of
the board of trustees shall become an endorser or surety or become
in any manner an obligor for moneys loaned or borrowed by the
retirement system. Nothing contained herein shall be construed to
impair the rights of any member of the retirement system to
benefits provided by the system.