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Public Funds – Page 3 – IBA Compliance Connection

Topic: Public Funds

  • What types of securities can we pledge for municipal funds?

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    In order to determine what securities may be pledged for the funds of a municipality, you will want to review the investment policy of the municipality in question. In Illinois, the general criteria for the types of securities that may be pledged for the funds of a municipality can be found in the Public Funds…