Cal. Code Regs. tit. 2 § 16007.1.9
Current through Register 2025 Notice Reg. No. 2, January 10, 2025
Whenever a security (REN) in a security pool (REN) which a depository maintains with an agent of depository ceases for any reason to be an eligible security (REN), such depository shall, within 10 business days, serve on such agent of depository a written notice to such effect and remove such security (REN) from such security pool by effecting a withdrawal of the security or, if required by the provisions of Government Code Section 53651(m)(1), a substitution of securities.
Cal. Code Regs. Tit. 2, § 16007.1.9
Note: Authority cited: Section 53661, Government Code. Reference: Section 53651, Government Code.