Village of Belle Terre, NY Investment Policy

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Chapter 16 Investment Policy

[HISTORY: Adopted by the Board of Trustees of the Village of Belle Terre 11-4-1986. Amendments noted where applicable.]

§ 16-1 Placement of funds.

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§ 16-1 Placement of funds.

The investment policy of the Incorporated Village of Belle Terre shall be that funds over and above that which are required for current operating expenses shall be placed in certificates of deposit and treasury bills in depositories designated by the Board of Trustees.