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COLL91 Form September 2016 NC Department of State Treasurer Banking Operations Section sbu.collateral nctreasurer.comAnnual Notification of Accounts by Public Depositor Public Depositor: Second Quarter.

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How to fill out the Coll 91 Form online

The Coll 91 Form is a crucial document that public depositors in North Carolina must complete annually to report their accounts. This guide will provide you with clear, step-by-step instructions to ensure that you can fill out the form online efficiently and accurately.

Follow the steps to complete the Coll 91 Form online

  1. Click the ‘Get Form’ button to access the Coll 91 Form and open it in your preferred browser or editor.
  2. Identify the type of public depositor by selecting the appropriate option from the list provided. This could include non-profits, government units, or educational institutions, among others.
  3. Enter the bank name where the accounts are held in the specified field.
  4. Select the account type for each account listed — indicate whether it is a demand account or a time account.
  5. Input the full account numbers for each account. Ensure these numbers are accurate and correspond to the accounts held.
  6. Read and understand the certification statement provided at the bottom of the form. This assures that all information is true and correct to the best of your knowledge.
  7. Provide the authorized signature, printed name, title, phone number, email address, and date in the designated areas.
  8. Once all fields are completed, save changes, and download a copy of the completed Coll 91 Form. You may also print or share it as required.

Take the first step towards managing your public funds effectively by filling out the Coll 91 Form online today.

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Under the Pooling Method, however, the Depository secures all of its Public Deposits collectively by establishing a pool of collateral with the State Treasurer.

Deposits above this FDIC limit must be collateralized to ensure the safety of public funds. Collateralization of public deposits through the pledging of appropriate securities or other instruments (i.e. surety bonds or letters of credit) by depositories is an important safeguard for such deposits.

Definition. Government accounts are also known as public unit accounts. This category includes accounts of the federal government, state governments, and other governmental bodies as discussed below. 1. In this category, the governmental body itself is not treated as the insured depositor.

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