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Blue Island, IL Code of Ordinances
BLUE ISLAND, ILLINOIS CODE OF ORDINANCES
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
§ 38.11 SAFEKEEPING AND CUSTODY.
   All security transactions, including collateral for repurchase agreements, entered into by the city shall be conducted on a delivery-verses-payment (DVP) basis. Securities will be held by a third party custodian designated by the Finance Director and evidenced by safekeeping receipts and a written custodial agreement (see Appendix D).
(Prior Code, § 38.11) (Ord. 99-286, passed 12-14-1999)

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