3 Alaska Admin. Code § 21.890

Current through September 25, 2024
Section 3 AAC 21.890 - Limitation on foreign custodians

A foreign bank acting as a custodian, a United States custodian's foreign agent, or a foreign clearing corporation may only hold foreign securities or securities required by a foreign country in order for the insurer to do business in that country. A United States custodian must hold all other securities for the insurer.

3 AAC 21.890

Eff. 8/31/2008, Register 187

Authority:AS 21.06.090

AS 21.21.410