35-1204. Mandatory deposit of public funds in eligible depositories; notice; exemption
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/az/title-35/35-1204A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. Uninsured public deposits required to be secured by collateral pursuant to this chapter shall be deposited in an eligible depository.
B. On written notice to the administrator, a city that is governed by a charter and that has a population of more than one million persons is exempt from the requirements of this article.