Cal. Code Regs. tit. 2 § 1899.2

Current through Register 2024 Notice Reg. No. 41, October 11, 2024

Section 1899.2 - Value of Eligible Security (REN)

Eligible security (REN) pledged as collateral for local agency deposits shall be valued at the unpaid principal balance of the obligation.

Cal. Code Regs. Tit. 2, § 1899.2

Note: Authority cited: Section 53651(m), Government Code. Reference: Article 2, Chapter 4, Part 1, Division 2, Title 5, Government Code.