Official:Amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by amending Section 19-201, entitled "City Depositories," by authorizing the City Treasurer to deposit funds in Sovereign Bank, under certain terms and conditions.
Sponsor: Councilmember Goode
Introduced: February 15, 2007
Signed: March 29, 2007
: Committee on Finance
Status: Signed into Law, step 4 of 4
This bill allows the City Treasurer to deposit city funds in Sovereign Bank under certain conditions.
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