Columbia Security of Deposits ordinance (Charter § 153)
City Charter · Article XVIII. General Provisions
The council shall require all funds of the city in any city depository to be adequately secured by a deposit of obligations of the United States government, or by the deposit of securities of the kind prescribed by state law for the security of funds deposited by the state treasurer, in an amount satisfactory to the council.
Official source: City of Columbia official Code of Ordinances (online): look up Charter § 153
Text from Supplement 139 (September 3, 2026).
Last checked November 1, 2026. The city's official copy controls; this page is a reading copy, not legal advice.