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2017 Arizona Revised Statutes
Title 35 - Public Finances
§ 35-1204 Mandatory deposit of public funds in eligible depositories; notice; exemption
Universal Citation: AZ Rev Stat § 35-1204 (2017)
35-1204. Mandatory deposit of public funds in eligible depositories; notice; exemption
A. Uninsured public deposits required to be secured by collateral pursuant to this chapter shall be deposited in an eligible depository.
B. On written notice to the administrator, a city that is governed by a charter and that has a population of more than one million persons is exempt from the requirements of this article.
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