California Code of Regulations
Title 10 - Investment
Chapter 3 - Commissioner of Financial Protection and Innovation
Subchapter 11 - Securities Depositories
Section 1805.213 - Reports
A securities depository shall file with the Commissioner, within 11 days after the close of any month (i) in which it became or was determined to be insolvent or (ii) in which it incurred a loss in an amount exceeding one-third of its net worth as of the close of such month, and within 15 days after the close of each month thereafter, its financial statements as of the close of the month for which such report is made. Such financial statements shall include a balance sheet and a profit and loss statement which need not be audited but which shall be prepared on a basis consistent with the financial statements filed, or to be filed, pursuant to subdivision (a) of Section 30213 of the Financial Code.
1. Editorial correction adding NOTE filed 3-9-83 (Register 83, No. 11).
Note: Authority cited: Section 30006, Financial Code. Reference: Section 30213, Financial Code.