§ 2-136. City depositories—Generally.

Latest version.

(a)

The depositories of the funds of the city shall be such banks as are designated and enumerated from time to time by ordinance of the council and nothing in this Code or the ordinance adopting the same shall be deemed to affect the validity of any ordinance making such designations.

(b)

The officers of the city entrusted with the depositing of funds of the city shall deposit such funds to the credit of the city in the banks designated and enumerated by ordinance pursuant to this section.

(Code 1968, § 2-13)

                    
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