An Introduction to Collateralizing Public Deposits (e-book)
This electronic book is available for purchase by download from GFOA’s e-store. This document presents concrete steps that governmental entities can take to protect their deposits in today’s banking environment. Major sections cover alternative collateralization policies, implementing recommended practices for collateralization, and other forms of prudent risk control. Appendices include GFOA sample agreements, GFOA model collateralization statute, state pledging requirements for public deposits, eligible collateral for deposit pledging by state, deposit pledging statutes: citations, GFOA policy statement, and GFOA recommended practice.