Collateral Requirements. All amounts deposited or invested with financial institutions in excess of any insurance limit shall be collateralized in accordance with the Public Funds Investment Act, 30 ILCS 235/. The Superintendent or designee shall keep the Board informed of collateral agreements.
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Sources: School District Policies, School District Policies, School District Policies
Collateral Requirements. All amounts deposited or invested with financial institutions in excess of any insurance limit shall be collateralized in accordance with the Public Funds Investment Act, 30 ILCS 235/. The Superintendent Director or designee shall keep the Board informed of collateral agreements.
Appears in 1 contract
Sources: Special Education Association of Peoria County Governance and Operations Manual