Bill Title: To permit the Treasurer of State or a political subdivision, upon the deposit of public moneys with an eligible public depository, to arrange for the public depository to redeposit those moneys with other federally insured banks, savings banks, and savings and loan associations in accordance with specified conditions, to remove the one-year maturity limitation for certificates of deposit with respect to interim deposits, to alter the authority of the Treasurer of State to invest interim money in certificates of deposit, and to require public depositories to provide certain information to political subdivisions.

Spectrum: Slight Partisan Bill (Republican 55-27)

Status: (Passed) 2012-03-22 - Effective Date [HB209 Detail]

Text: Latest bill text (Enrolled) [HTML]

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