Public deposits definition

Public deposits means all public funds on deposit in an eligible public depository in any form, whether time, savings, or demand.
Public deposits means and includes all public moneys on deposit in an eligible public depository, whether payable on demand or at a certain time.
Public deposits shall have the meaning given to such term in Iowa Code § 12C.1(2)(e), as amended.

Examples of Public deposits in a sentence

  • The Custod Agreement and the Public Deposits Act, and the Custodian is not charged with knowledge or any duties or responsibilities in connection with any other document or agreement.


More Definitions of Public deposits

Public deposits means public moneys deposited in a public depository pursuant to the Uniform Depository Act or the county depository law.7
Public deposits means moneys of a public depositor as defined in division (A)(3) of section 135.182 of the Revised Code, but for the purposes of this chapter herein, does not include the moneys of metropolitan housing authorities, public or Indian housing agencies, or United States federal agencies.
Public deposits means all deposits made to the account of the State Treasurer and all deposits made by a participating unit in any depository, including those held by the depository in an escrow capacity.
Public deposits means public moneys deposited in a public depository pursuant to sections 135.31 to 135.40 of the Revised Code.
Public deposits means deposits of public funds in a bank or trust company which are available for all uses generally permitted by the bank or trust company to the depositing local government for
Public deposits means deposits of public funds in a bank or trust company which are available for all uses generally permitted by the bank or trust company to the depositing local government for actually and finally collected funds under the bank’s or trust company’s account agreement or policies
Public deposits means funds of any covered public entity or covered public official deposited in a bank or financial institution, such as time deposit accounts, demand deposit accounts, and certificates of deposit. Funds not defined as public deposits include, but are not limited to, bonds, notes, money market mutual funds, repurchase agreements, and similar instruments.