California Financial Code

§ 1606

FIN § 1606 Effective Jan 1, 2012Div. 1.1 · Ch. 16 · Art. 5

Statute text

Securities held by a trust company by direction of any court order issued pursuant to Section 1605 may be deposited in a securities depository, as defined in Section 30004, which is licensed under Section 30200 or exempted from licensing thereunder by Section 30005 or 30006.

Legislative history

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.