6400 Depositories of Funds

DEPOSITORIES OF FUNDS

The school district funds shall be deposited only in depositories duly designated by the Board of Education. The designated depositories are required to collateralize all deposits fully.

Ref: Education Law §§2129; 2130(4) 8 NYCRR §§170.1; 170.2 General Municipal Law §§800 et seq.

Adoption date: November 22, 1993

Reviewed: October 29, 2019