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u <br />allow any investment in unrated obligations, Laws 1987. C. 372, <br />art, 8. S2 to 6. At no time during the relevant period did S ubd . <br />3 authorize investment in the American continental debentures, <br />which were ranked as B. not among the top four categories. <br />one final avenue which may have allowed such an investment <br />would have been §11A.24 subd* 6. Subd . 6 (a) (5 ) allowed <br />investment in debt obligations not subject to subdivision 3, <br />provided certain criteria were met. However, this exception did <br />not come into existence until 1987, Laws 1987, C. 372, art. 8, <br />2 to 6. Subd. 6(a) prior to this time shows no existence of <br />this exception. Laws 1983, C. 324, §7 to 9. Furthermore, this <br />exception has now been removed from subd. 6. Laws 1992, ce 592, <br />52. As such, this exception was never applicable during the <br />period at issue. <br />Finally, a check with the Devisor of Statutes showed three <br />special laws regarding the Roseville Firefighters Relief <br />Association. Laws 1965, c. 598; Laws 1973, c. 464, and Laws <br />1975, c. 119. However, all three of these were i n 1979 <br />by Laws 1979, c . 201, 544. According to the Revisor of Statutes, <br />there have been no other special lams regarding the Roseville <br />Firefighters Relief Association <br />3 <br />