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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Samples: www.marionunit2.org, www.marionunit2.org, www.marionunit2.org
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
Samples: www.seapco.org