{"code":"FIN","codeName":"Financial Code","section":"2089","citation":"Fin. Code, § 2089","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1.2. MONEY TRANSMISSION ACT [2000. - 2176.]","url":"https://blackletter.si/financial-code/division-1.2"},{"name":"CHAPTER 5. Eligible Securities [2081. - 2089.]","url":"https://blackletter.si/financial-code/division-1.2/chapter-5"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 4.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>A licensee shall maintain eligible securities that are adequately diversified, predominantly of a duration commensurate with the licensee’s outstanding money transmission obligations, and of sufficient liquidity and quality to promptly pay the outstanding money transmission obligations of the licensee.</p>","text":"A licensee shall maintain eligible securities that are adequately diversified, predominantly of a duration commensurate with the licensee’s outstanding money transmission obligations, and of sufficient liquidity and quality to promptly pay the outstanding money transmission obligations of the licensee.","otherVersions":[],"url":"https://blackletter.si/financial-code/eligible-securities-2089","source":"California Legislative Information bulk export (pubinfo)"}