N.Y. Comp. Codes R. & Regs. tit. 9 § 1645-1.1
Current through Register Vol. 46, No. 25, June 18, 2024
The division will require local agencies to invest, promptly, all excess funds in their custody. Excess funds, as a general rule, mean cash in checking accounts not required for disbursement within a period of one or, at most, two months.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 1645-1.1