ARTICLE 3. Custody of Securities

Article 3 added by Stats. 1976, Ch. 349.

§§ 16625–16629 · 5 sections

• § 16625 As used in this article, “qualified trust company” means the trust department of any state or national bank in this state or a trust company authorized to act…
• § 16626 With the consent of the savings and loan association or credit union owning securities deposited or to be deposited with him or her as security, the Treasurer…
• § 16627 The Treasurer shall take from the qualified trust company or from any federal reserve bank or any branch thereof or the Federal Home Loan Bank of San Francisco…
• § 16628 Any qualified trust company or any federal reserve bank or any branch thereof or the Federal Home Loan Bank of San Francisco to which securities are delivered,…
• § 16629 The charges of any qualified trust company or of any federal reserve bank or any branch thereof or the Federal Home Loan Bank of San Francisco for the handling…