Securities in book-entry form

17.66

Securities in book-entry form.

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Any security that:

(1)(a)

Is eligible to be held in book-entry form on the books of the Federal Reserve Book-Entry System; or

(b)

Is eligible for deposit in a depository trust clearing system established to hold and transfer securities by computerized book-entry systems; and which

(2)(a)

Is held in the name of the Chief Financial Officer, in the name of the State Treasurer, or in the name of the State Insurance Commissioner; or

(b)

Is pledged to the Chief Financial Officer, to the State Treasurer, or to the State Insurance Commissioner;

under any state law for any purpose whatsoever, may be held in book-entry form on the books of the Federal Reserve Book-Entry System or on deposit in a depository trust clearing system.

History.

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s. 3, ch. 87-331; s. 66, ch. 2003-261.

Note.

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Former s. 18.24.