DG - Depository of Funds

File:  DG

Depository of Funds

            The Board shall select a depository, and deposit with reasonable promptness and without payment of service charges, all funds which are in the name of the County School Board.  The funds shall be secured by proper collateral deposited by the fiscal agent for the account of the Board.

Adopted:  July 1976

Reference:  School Laws of West Virginia, 18-9-6

Clay County Board of Education