Accounts held by government depositors.

CFR · 2024-01-01 · US · Title 12

(a) (i) Up to the SMDIA in the aggregate for all time and savings deposits; and (ii) Up to the SMDIA in the aggregate for all demand deposits. (2) (A) Up to the SMDIA in the aggregate for all time and savings deposits; and (B) Up to the SMDIA in the aggregate for all demand deposits. (ii) In addition, each such official custodian depositing such funds in an insured depository institution outside of the state comprising the public unit or wherein the public unit is located, shall be insured in the amount of up to (3) (A) Up to the SMDIA in the aggregate for all time and savings deposits; and (B) Up to the SMDIA in the aggregate for all demand deposits. (ii) In addition, each such official custodian depositing such funds in an insured depository institution outside of the District of Columbia shall be insured in the amount of up to the SMDIA in the aggregate for all deposits, regardless of whether they are time, savings or demand deposits. (4) (A) Up to the SMDIA in the aggregate for all time and savings deposits; and (B) Up to the SMDIA in the aggregate for all demand deposits. (ii) In addition, each such official custodian depositing such funds in an insured depository institution outside of the commonwealth, possession or territory comprising the public unit or wherein the public unit is located, shall be insured in the amount of up to the SMDIA in the aggregate for all deposits, regardless of whether they are time, savings or demand deposits. (5) (i) Up to the SMDIA in the

official document · source cfr-2024 · id 12:§ 330.15