9-4-825. Joint custody agreement for securing local deposits; banks authorized to receive collateral.
Any properly designated depository of the public funds of the state or any political subdivision thereof, and any treasurer of any proper governing board may agree, as an alternate method of securing the deposit of public funds, to place the collateral security in any financial institution, as defined in W.S. 13-1-101(a)(ix) and other than the depository bank, chartered as a state bank or in any national bank other than the depository bank, in any federal reserve bank or branch thereof, in any bank which is a member of the federal reserve system or in any government-sponsored enterprise. The financial institution receiving the collateral security shall be known as the custodian.
Structure Wyoming Statutes
Title 9 - Administration of the Government
Article 8 - Deposits and Depositories
Section 9-4-801 - Board of Deposits; Creation; Composition; Records; Meetings; General Duties.
Section 9-4-805 - Deposit of State Money in Approved Depositories; Other Acceptable Security.
Section 9-4-806 - Deposit of State Money in Approved Depositories; Bank Resolution.
Section 9-4-808 - Deposit of State Money in Approved Depositories; Responsibility for Collateral.
Section 9-4-809 - "Time Deposit, Open Account"; Definition.
Section 9-4-810 - "Time Deposit, Open Account"; Rate of Interest on Public Funds.
Section 9-4-811 - "Time Deposit, Open Account"; Payment of Interest; Accounts of Monies.
Section 9-4-812 - Withdrawals of State Funds; Liability of Treasurer for Money or Bond Loss.
Section 9-4-814 - Sale of Collateral.
Section 9-4-815 - Recovery of Penalties on Bonds.
Section 9-4-816 - Deposits by Political Subdivisions; "Proper Governing Board" Defined.
Section 9-4-817 - Deposits by Political Subdivisions; Selected Institutions; Security; Withdrawals.
Section 9-4-821 - Deposits by Political Subdivisions; Security in Lieu of Surety Bonds.
Section 9-4-824 - Liability of Local Treasurers for Money Loss; Power to Withdraw Funds.
Section 9-4-827 - Joint Custody Agreement for Securing Local Deposits; Form for Receipts.