CHAPTER 5. Eligible Securities [2081. - 2089.]

Chapter 5 added by Stats. 2011, Ch. 243, Sec. 4.

§§ 2081–2089 · 9 sections

• § 2081 (a) A licensee shall at all times own eligible securities having an aggregate market value computed in accordance with United States generally accepted…
• § 2082 (a) “Eligible security” means any United States currency eligible security or foreign currency eligible security. (b) For the purposes of this division, the…
• § 2083 (a) In computing, for purposes of Section 2082, the aggregate value of eligible securities owned by a licensee, all of the following shall be excluded: (1) The…
• § 2084 (a) A licensee shall be deemed to own an eligible security only if the following apply: (1) (A) The licensee owns the eligible security solely and exclusively…
• § 2085 If the commissioner finds that any eligible security or class of eligible securities is not of sufficient liquidity or quality to be eligible securities, the…
• § 2086 If the commissioner finds that any security or class of securities that is not an eligible security is of sufficient liquidity and quality to be an eligible…
• § 2087 (a) If the commissioner finds that a rating assigned to a class of securities by an eligible securities rating service indicates that the class of securities…
• § 2088 (a) The commissioner may by regulation or order declare a credit rating agency to be an eligible securities rating service if the commissioner finds the…
• § 2089 A licensee shall maintain eligible securities that are adequately diversified, predominantly of a duration commensurate with the licensee’s outstanding money…