Deposit of Public Funds by the Academy. The Academy shall deposit or invest all funds received by the Academy in a bank, savings and loan association, credit union, or other institution which is eligible to be a depository of the funds of a public school academy and in instruments permitted by law for such deposit and/or investment.
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Samples: Contract to Operate a Public School Academy, Contract to Operate a Public School Academy, Contract to Operate a Public School Academy
Deposit of Public Funds by the Academy. The Academy shall deposit or invest all funds received by the Academy in a bank, savings and loan association, credit union, or other institution which is eligible to be a depository of the funds of a public school academy School of Excellence and in instruments permitted by law for such deposit and/or investment.
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