(a) Participation in the pooled collateral program by a public entity is voluntary. (b) A public entity may participate in the pooled collateral program as an alternative to collateralization under Government Code, Chapter 2257, Subchapter B. (c) Deposits of public funds of a county are not eligible for collateralization under the pooled collateral program. (d) A public entity must comply with the monitoring and notice requirements in §4.114 of this title (relating to Public Entity Deposits and Notice to Participating Depository Institutions). |