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TABLE OF CONTENTS <br /> <br />Page <br /> <br />Introduction ................................................................................................................................. 1 <br />1.0 Policy ............................................................................................................................... 1 <br />2.0 Scope ............................................................................................................................... 1 <br />3.0 Prudence .......................................................................................................................... 2 <br />4.0 Objectives ........................................................................................................................ 3 <br />5.0 Delegation of Authority ..................................................................................................... 6 <br />6.0 Ethics and Conflicts of Interest ......................................................................................... 7 <br />7.0 Authorized Financial Institutions and Qualified Broker-Dealers ............................................ 8 <br />8.0 Authorized and Suitable Investments .............................................................................. 8 <br />9.0 Prohibited Investments and Investment Practices ........................................................... 13 <br />10.0 Investment Pools/Mutual Funds ...................................................................................... 14 <br />11.0 Collateralization/Security for Deposit of Public Funds ...................................................... 15 <br />12.0 Safekeeping and Custody ............................................................................................... 15 <br />13.0 Diversification ................................................................................................................. 16 <br />14.0 Internal Controls ............................................................................................................. 16 <br />15.0 Reporting ........................................................................................................................ 17 <br />16.0 Policy Considerations ..................................................................................................... 18 <br />17.0 Policy Review, Certification, and Adoption ...................................................................... 19 <br /> ...........................................................................................................................................