Hoosier Banker 33 Tina Chadwick, senior teller, MutualBank, Muncie, has completed 25 years of service. She serves as the Center Street, Warsaw office. Mary Sacksteder, teller at the Brookville drivethrough branch of FCN Bank, Brookville, has completed 25 years of service with the bank. er the requestor has confirmed that there are no available options within the territorial limits. HB powers of authorized investment officers to now provide, “[e]ach officer designated in section 1 of this chapter may, subject to the restrictions provided in IC 5-13-8-9(a) through IC 5-13-8-9(e), deposit, invest, or reinvest any funds that are held by the officer and available for investment in transaction accounts issued or offered by a designated depository of a political subdivision for the rates and terms agreed upon periodically by 1 Ind. Code § 5-13-8-9 2 Ind. Code § 5-13-9-4 3 P.L.117-2018, SEC.1, eff. July 1, 2018. 4 Ind. Code § 5-13-9-4 5 P.L.117-2018, SEC.1, eff. July 1, 2018. This information is provided for general education purposes and is not intended to be legal advice. Please consult legal GSYRWIP JSV WTIGMƤG KYMHERGI EW XS LS[ XLMW MRJSVQEXMSR applies to your institution’s circumstances or situation. the officer making the investment and the designated depository.”4 (Emphasis added.) Furthermore, HEA 1262 limited the length of any ordinance or resolution providing an investment officer authority to invest funds to 12 months.5 If presented with a proposed investment of public funds in a certificate of deposit from an out-of-territory political subdivision, the first step is always to inquire whethSue Smith, Home Bank, Martinsville, has completed 45 years of service with the bank. She began her career as a teller and has held positions in loan servicing and accounting. Smith is a member of the Indiana Bankers Association 40 Year Club. ANNIVERSARY MILESTONES % WEPYXI XS FEROIVW [MXL ]IEVW SJ WIVZMGI As a leading global provider of entity management services, we offer you advantages few others can match. Our extensive range of services is available in a number of the world’s most attractive jurisdictions. See how our services and skilled professionals can make the difference on your next deal. For more insight on how we’ve successfully served clients on entity management transactions, contact one of our experienced professionals or visit wilmingtontrust.com/entitymanagement. Your experienced team for entity management services. DELAWARE & NEVADA INVESTMENT HOLDING COMPANY SERVICES | CUSTODY | COLLATERAL MANAGEMENT | TRUST SERVICES WILMINGTON TRUST RENOWNED EXPERIENCE | ENTITY MANAGEMENT MARY ALICE AVERY mavery@wilmingtontrust.com 302-636-6127 EVAN PIZZUTO epizzuto@wilmingtontrust.com 302-651-8367 MINDY WALSER mwalser@wilmingtontrust.com 702-866-2203 Services are provided by Wilmington Trust, N.A. Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation (M&T). ©2018 Wilmington Trust Corporation and its affiliates. All rights reserved. CS17946
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