California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 10 - Banks
Article 6 - California State Offices of Foreign (Other Nation) Banks
Subarticle 3 - Agencies and Branch Offices
Part 10 - Deposit of Eligible Assets
Subpart 6 - Depositing, Receiving, and Holding Eligible Assets
Section 10.16129 - Segregation

Whenever the approved depository of a subject institution holds eligible assets in a pledge deposit, it shall keep such eligible assets separate and apart from other assets held by it and shall segregate the eligible assets on its books and account from other assets held by it. However, the approved depository may deposit and maintain the eligible assets in a book-entry account with the Federal Reserve System.

Note: Authority cited: Section 215, Financial Code. Reference: Section 1761, Financial Code.