[HISTORY: Adopted by the Town Board of the Town of Copake 5-11-1995; amended in its entirety 3-9-2023 by L.L. No. 4-2023. Subsequent amendments noted where applicable.]
The Town of Copake Investment Policy shall be adopted and may be amended, from time to time, by resolution of the Town of Copake Town Board.
The Town Board of the Town of Copake shall designate one or more banks or trust companies for the deposit of public funds, the disposition of which is not otherwise provided for by law. Such designation shall be made and may be amended, from time to time, by resolution and shall specify the maximum amount which may be kept on deposit at any time in each such bank or trust company. Such designation may be included in the Town of Copake Investment Policy.