(A) Investment types and credit guidelines. Consistent with W.S. § 9-4-831, the following investments will be permitted by this policy and are those defined by state and local law where applicable. If additional types of securities are approved for investment by public funds by state statute, they will not be eligible for investment by the town until this policy has been amended and the amended version adopted by the governing body.
(B) Collateralization. As described in W.S. § 9-4-820 and W.S. § 9-4-821, full collateralization will be required on all demand deposit accounts, including checking accounts and certificates of deposit. Acceptable collateral shall include only those instruments outlined in W.S. § 9-4-821.
(Prior Code, § 3.A08.090) (Ord. 2018-22, passed 12-12-2018)