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Rochester, IL Code of Ordinance
ROCHESTER, ILLINOIS CODE OF ORDINANCES
ORDINANCES PENDING REVIEW FOR CODIFICATION
VILLAGE OFFICIALS
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
§ 36.010 SAFEKEEPING AND CUSTODY.
   All security transactions, including collateral for repurchase agreements, entered into by the village, shall be conducted on a delivery-versus-payment (DVP) basis. Securities will be held by an independent third party custodian designated by the Treasurer and evidenced by safekeeping receipts and a written custodial agreement.
(2009 Code, § 1-5-10)

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