Public deposits definition

Public deposits means all public funds on deposit in an eligible public depository in any form, whether time, savings, or demand.
Public deposits means and includes all public moneys on deposit in an eligible public depository, whether payable on demand or at a certain time.
Public deposits shall have the meaning given to such term in Iowa Code § 12C.1(2)(e), as amended.

Examples of Public deposits in a sentence

  • Public deposits will be made only in qualified public depositories as established by State law.

  • Public deposits shall be made only in qualified public depositories within the State of California as established by State law.

  • Public deposits shall be made in qualified public depositories as established by California Government Code.

  • Public deposits shall be deposited with reasonable promptness in a depository legally designated as depository for the funds.

  • Public deposits to be drawn like in form of bonds.Choice of factor will depend on relative merits and demerits of each source and period of financing.4. Investment of funds: The finance manager has to decide to allocate funds into profitable ventures so that there is safety on investment and regular returns is possible.5. Disposal of surplus: The net profits decision have to be made by the finance manager.


More Definitions of Public deposits

Public deposits means public moneys deposited in a public depository pursuant to the Uniform Depository Act or the county depository law.7
Public deposits means moneys of a public depositor as defined in division (A)(3) of section 135.182 of the Revised Code, but for the purposes of this chapter herein, does not include the moneys of metropolitan housing authorities, public or Indian housing agencies, or United States federal agencies.
Public deposits means all deposits made to the account of the State Treasurer and all deposits made by a participating unit in any depository, including those held by the depository in an escrow capacity.
Public deposits means public moneys deposited in a public depository pursuant to sections 135.31 to 135.40 of the Revised Code.
Public deposits means deposits of public funds in a bank or trust company which are available for all uses generally permitted by the bank or trust company to the depositing local government for
Public deposits means the certificates of deposit, the demand deposit accounts and other deposit accounts of various governmental entities as set forth on Schedule 1.02(a) attached hereto.
Public deposits means deposits of public funds in a bank or trust company which are available for all uses generally permitted by the bank or trust company to the depositing local government for actually and finally collected funds under the bank’s or trust company’s account agreement or policies