Statutes, codes, and regulations
California Code Of Regulations
Title 10 - InvestmentChapter 1 - Commissioner of Business Oversight, Division of Financial InstitutionsSubchapter 10 - BanksArticle 6 - California State Offices of Foreign (Other Nation) BanksSubarticle 3 - Agencies and Branch OfficesPart 10 - Deposit of Eligible Assets
Subpart 9 - Withdrawal and Release of Eligible Assets-Specific Approval
Section 10.16202 - Conditions of Specific Approval

Cal. Code Regs. tit. 10 § 10.16202

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Current through Register 2024 Notice Reg. No. 52, December 27, 2024
Section 10.16202 - Conditions of Specific Approval

Any specific approval which the Commissioner grants pursuant to Financial Code Section 1811(d) for a subject institution to withdraw and for the approved depository of such subject institution to release, an eligible asset from a pledge deposit shall, unless otherwise provided in such specific approval, be subject to the following conditions:

(a) That no other eligible asset shall have been withdrawn or released from the pledge deposit during the period beginning on the date of the application called for in Section 10.16201 of this Chapter and ending at the time of the withdrawal and release authorized under the specific approval.
(b) That the specific approval shall expire at the end of the maintenance period during which it is issued.

Cal. Code Regs. Tit. 10, § 10.16202

1. Repealer of Section 10.16202 and renumbering and amendment of former Section 10.16203 to Section 10.16202 filed 3-12-82; effective thirtieth day thereafter (Register 82, No. 11). For prior history, see Register 81, No. 44.
2. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
3. Change without regulatory effect amending first paragraph and NOTE filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34).

Note: Authority cited: Section 326, Financial Code. Reference: Section 1811, Financial Code.

1. Repealer of Section 10.16202 and renumbering and amendment of former Section 10.16203 to Section 10.16202 filed 3-12-82; effective thirtieth day thereafter (Register 82, No. 11). For prior history, see Register 81, No. 44.
2. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
3. Change without regulatory effect amending first paragraph and Note filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34).