Investment and Collateralization of Public Funds. Grant proceeds are public funds and, as such, these proceeds must be held at a designated state depository institution or other properly chartered and authorized institution in accordance with the Public Funds Investment Act, Government Code, Chapter 2256, and the Public Funds Collateral Act, Government Code, Chapter 2257.
Appears in 6 contracts
Samples: Grant Agreement, Flood Infrastructure Fund Contract, Flood Infrastructure Fund Contract
Investment and Collateralization of Public Funds. Grant proceeds are public funds and, as such, these proceeds must shall be held at a designated state depository institution or other properly chartered and authorized institution in accordance with the Public Funds Investment Act, Government Code, Chapter 2256, and the Public Funds Collateral Act, Government Code, Chapter 2257.
Appears in 2 contracts
Samples: Flood Infrastructure Fund Contract, Flood Infrastructure Fund Contract
