Bill Title: Authorizes the state, local governments and public authorities to arrange for redeposit of moneys through a deposit placement program through a bank or trust company that serves as custodian with respect to the moneys and arranges for the redeposit of the moneys in one or more banking institutions, the monies being secured, provided that the depository receives deposits from customers of other financial institutions that are at least equal to the amount of the moneys so invested.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Passed) 2012-07-18 - signed chap.128 [A08971 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2012-01-10	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for New York A08971

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for New York A08971 currently on file.

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