The county treasurer shall hold, administer, invest and re-invest all monies transferred by the county to the funds established herein, as funds separate and segregated from all other monies or accounts held by the county. The three funds established herein may, for investment purposes, be commingled, but separate accounts shall be maintained for each fund. The county treasurer shall have all powers and authority to invest and reinvest monies and assets transferred to the funds created herein as are generally conferred upon county treasurers by statute, law, ordinance or properly promulgated rule or regulation.
(‘77 Code, § 13-8) (Ord. 112, passed 12-13-82; Am. Ord. 5288, passed 10-17-88)