Collateralization of Public Deposits

The material below highlights some, but not all, of the roles and responsibilities associated with collateralizing “Public Deposits" (as that term is defined in 20 NCAC 07 .0102) in the manner prescribed by Title 20, Chapter 7 of the North Carolina Administrative Code (hereinafter referred to generally as “20 NCAC 07"). Please be advised that this material is for guidance purposes only and is not intended to replace or modify the provisions of 20 NCAC 07 or any other law applicable to the collateralization of Public Deposits in North Carolina.

Unless the context clearly requires otherwise, capitalized words and phrases used on this page have the same meaning ascribed to them in the Definition of Terms section of 20 NCAC 07.

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