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Iowa Code § 12C.2

Approval — requirements

Iowa · Iowa Code Chapter 12C — Deposit of Public Funds · Status: effective

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Iowa Code § 12C.2, Approval — requirements, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2216472
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The approval of a financial institution as a depository of public funds for a public body shall be by written resolution or order that shall be entered of record in the minutes of the approving board, and that shall distinctly name each depository approved, and specify the maximum amount that may be kept on deposit in each depository.