Section 35-1204 - Mandatory deposit of public funds in eligible depositories; notice; exemptionA. Uninsured public deposits required to be secured by collateral pursuant to this chapter shall be deposited in an eligible depository.B. On written notice to the administrator, a city that is governed by a charter and that has a population of more than one million persons is exempt from the requirements of this article.Added by L. 2013, ch. 157,s. 3, eff. 9/13/2013.