The Comptroller, on behalf of the trust and for purposes of the trust, may: (1) Receive and invest moneys in the trust in any instruments, obligations, securities or property in accordance with section 3-123cc ; (2) Procure insurance in connection with the trust's property, assets, activities, or deposits or contributions to the trust; (3) Establish one or more funds within the trust and maintain separate accounts for each designated beneficiary; and (4) Take any other actions necessary to carry out the purposes of sections 3-123aa to 3-123ff , inclusive, and incidental to the duties imposed on the Comptroller pursuant to said sections.
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