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De Land, IL Code of Ordinance
DE LAND, 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
TABLE OF SPECIAL ORDINANCES
PARALLEL REFERENCES
§ 32.39  SAFEKEEPING AND CUSTODY.
   All security transactions, including collateral for repurchase agreements, entered into by the village shall be conducted on a delivery-verses-payment (DVP) basis. Securities will be held by an independent third party custodian designated by the Clerk, and evidenced by safekeeping receipts and a written custodial agreement.
(Ord. 99-7, passed - -)

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