Examples of Temporary Investments in a sentence
Cash and Temporary Investments: The District’s cash and cash equivalents are considered to be cash on hand, demand deposits and short-term investments with original maturities of three months or less from the date of acquisition.
In making all Temporary Investments, we shall not be limited to investments now or hereinafter designated by statute or decision of a court as “legal investments” for funds held by fiduciaries.
You agree and acknowledge that unless required by applicable law, we are not responsible for communicating, forwarding, or notifying any party, including you, with respect to any communication or matter which comes to the attention of or is received by us with respect to Trust investments, including Temporary Investments, and that you are responsible for making separate arrangements for receiving such communications.
Cash and Temporary Investments State statutes authorize the investment of District funds in a wide variety of instruments including certificates of deposit and other similar obligations, state investment pool, money market accounts, and United States Government obligations.
Upon adoption of PS 3450 and PS 3041, PS 3030, Temporary Investments, will no longer apply.