(A) The Clerk-Treasurer of the town is hereby authorized to deposit funds of the town, with any depository within Wayne County, Indiana, which meets the appropriate criteria as a depository of public funds, pursuant to Indiana laws and any regulations or guidelines set forth by the Indiana State Board of Accounts and/or the Indiana Department of Local Government Finance.
(B) The Clerk-Treasurer of the town is hereby authorized to deposit funds of the town, with TrustINdiana, provided that TrustINdiana remains an approved depository for public funds of municipalities within Indiana, and provided that the deposits thereto are pursuant to Indiana laws and any regulations or guidelines set forth by the Indiana State Board of Accounts and/or the Indiana Department of Local Government Finance.
(Res. 1-2011, passed 6-20-2011)