35-321. Definitions In this article, unless the context otherwise requires: 1. " Agency pool participant" means a subdivision or an entity of a subdivision that has monies maintained by the treasurer and that has the authority to draw negotiable instruments on the treasurer or make other disbursements from monies that the treasurer holds for the […]
35-323. Investment of public monies; bidding; security and other requirements A. The treasurer shall invest and reinvest public monies in securities and deposits with a maximum maturity of five years. All public monies shall be invested in eligible investments. Eligible investments are: 1. Certificates of deposit in eligible depositories. 2. Deposits in one or more […]
35-323.01. Investment of government monies in deposits; conditions; definition A. If an investing entity invests in deposits pursuant to this section, the investing entity shall invest those monies in accordance with all of the following conditions: 1. The monies are initially invested through an eligible depository in this state selected by the investing entity. 2. […]
35-324. Investment of trust funds The treasurer shall invest and reinvest monies of trust funds in: 1. Any securities allowed for the investment of public monies. 2. Fixed income securities of corporations organized and doing business in any state of the United States or the District of Columbia that carry one of the two highest […]
35-325. Servicing bank of public monies A. Any bank that qualifies to become an eligible depository of the deposits of public monies, that has a total capital structure of ten million dollars or more, resources of one hundred million dollars or more and that is otherwise in a sound condition is eligible to be the […]
35-326. Local government investment pool: definition A. The state treasurer may maintain one or more pooled investment funds for the collective investment of monies in this state. Securities or other instruments in which the monies may be invested are those that are provided for in article 2 of this chapter. B. The state treasurer may […]
35-326.01. Long-term local government investment pools; management fees; deposit A. The state treasurer may establish new long-term local government investment pools for trust and treasury monies, cities, towns, tribal governments, counties and political subdivisions of this state. The terms of the investment pools shall be as determined by the state board of investment. B. Monies […]
35-327. Treasurer; duties; safekeeping of securities; warrants of financial officers; earnings; exemptions; responsibilities A. In investing trust monies, the responsible financial officer shall draw a warrant, check or electronic funds transfer voucher at the direction of the treasurer, payable from the proper fund to pay for the security purchased. B. A treasurer is responsible for […]
35-328. Investment of sinking funds A. All sinking funds of this state, or a county, city, town or school district, or hospital, irrigation or drainage district organized as provided by law may be invested and reinvested by the governing body or officer in charge of the sinking funds. The investment shall be made for the […]
35-329. Funds of charter cities The provisions of this article relating to collateral for deposits of public monies in financial institutions apply to deposits in financial institutions of the funds of cities governed by charter.
