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Asheboro, NC Code of Ordinances
ASHEBORO, NORTH CAROLINA CODE OF ORDINANCES
CHARTER
TITLE I: GENERAL PROVISIONS
TITLE III: ADMINISTRATION
TITLE V: PUBLIC WORKS
TITLE VII: TRAFFIC CODE
TITLE IX: GENERAL REGULATIONS
TITLE XI: BUSINESS REGULATIONS
TITLE XIII: GENERAL OFFENSES
TITLE XV: LAND USAGE
PARALLEL REFERENCES
§ 36.19 INVESTMENT OF IDLE FUNDS.
   (A)   The Finance Officer shall have the authority to invest city funds in excess of current operating needs, subject to the requirements of G.S. §§ 159-30 and 159-31 and subject to any limitations or restrictions and directions imposed by the City Council.
   (B)   Interest earned on investments shall be credited to the various funds upon the basis of amounts thereof invested.
('69 Code, § 21-11) (Ord. passed 3-4-65)

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