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 Wells Fargo Bank, National Association, under certain terms and conditions.
Sponsor: Councilmember Tasco
Introduced: September 23, 2010
Signed: October 28, 2010
: Committee on Finance
Status: Signed into Law, step 4 of 4
This bill allows the City Treasurer to deposit city funds in Wells Fargo Bank, National Association, instead of Wachovia Bank.
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