Cal. Code Regs. tit. 10 § 10.16129
Current through Register 2024 Notice Reg. No. 52, December 27, 2024
Whenever the approved depository of a subject institution holds eligible assets in a pledge deposit, it shall keep such eligible assets separate and apart from other assets held by it and shall segregate the eligible assets on its books and account from other assets held by it. However, the approved depository may deposit and maintain the eligible assets in a book-entry account with the Federal Reserve System.
Cal. Code Regs. Tit. 10, § 10.16129
Note: Authority cited: Section 215, Financial Code. Reference: Section 1761, Financial Code.