Treasury and Cash Management

Investment Guidelines

Per RSA 41:29 and RSA 48:16, as amended by Chapter 246, Laws of 2007, town and city treasurers "shall deposit all such moneys in participation units in the public deposit investment pool established pursuant to RSA 383:22 or in~ federally insured banks chartered under the laws of New Hampshire or the federal government with a branch within the state, except that funds may be deposited in federally insured banks outside the state if such banks pledge and deliver to a third party custodial bank or the federal reserve bank collateral security for such deposits of the following types:

  1. United States government obligations;
  2. United States government agency obligations; or
  3. Obligations of the State of New Hampshire in value at least equal to the amount of the deposit in each case."