§703.208. Deposits of negotiable securities with Federal Reserve banks or the Treasurer of the United States; interest thereon.
20 C.F.R. § 703.208
Deposits of negotiable securities provided for by the regulations in this part must be made with any Federal Reserve bank or any branch of a Federal Reserve bank designated by the Branch, or the Treasurer of the United States, and must be held subject to the order of the Branch. The Branch will authorize the insurance carrier to collect interest on the securities it deposits unless any of the conditions set forth at § 703.211(a) occur.
Notes, amendments, and revision history
Source
Source: 70 FR 43234, July 26, 2005, unless otherwise noted.
Authority
Authority: 5 U.S.C. 301, and 8171 et seq.; 33 U.S.C. 901 et seq.; 42 U.S.C. 1651 et seq.; 43 U.S.C. 1333; Reorganization Plan No. 6 of 1950, 15 FR 3174, 64 Stat. 1263; Secretary's Order 10-2009, 74 FR 58834.
Source
Source: 38 FR 26873, Sept. 26, 1973, unless otherwise noted.