Code No. 702.8
DEPOSITORIES OF FUNDS
At the annual meeting of the Board of Directors, the Board of Directors shall designate by resolution, which shall be entered in the official minutes of the Board, the names and locations of the banks, savings and loan associations, savings banks, or credit unions selected as the official District depository or depositories. The Board shall also designate the maximum amount that may be kept on deposit in each institution.
Date of Review: April 9, 2018
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Date of Revision: June 16, 2003 543371 |
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Legal References:
12B.10, 12B.12, Chapter 12C, 279.33, Code of Iowa
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DECORAH COMMUNITY SCHOOL BOARD OF DIRECTORS