Examples of County deposits in a sentence
Stat.§ 118A.03 requires that all County deposits be protected by insurance, surety bond, or collateral.
Minnesota statutes require that all County deposits be covered by insurance, surety bond, or collateral.
State statutes require that County deposits be fully collateralized in the name of the County.
If mailed, a delivery order is considered “Issued” when the County deposits the order in the mail.
Minnesota Statutes require that all County deposits be protected by insurance, surety bond, or collateral.
Custodial Credit Risk Custodial credit risk is the risk that, in the event of a financial institution failure, County deposits may not be returned to it.
California law also allows financial institutions to secure County deposits by pledging first trust deed mortgage notes having a value of 150% of the secured public deposits.
California law also allows institutions to secure County deposits by pledging first trust deed mortgage notes having a value of 150% of the County’s total cash deposits.
The security agreement shall provide that eligible securities are being pledged to secure the County deposits together with agreed upon interest, if any, and any costs or expenses arising out of the collection of such deposits upon default.
All County deposits must be secured by collateral in accordance with Section (d) of this policy.