California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 4 - Insurer Securities Permits
Article 6 - Impounding of Stock Sale Proceeds
Section 2606.02 - Impound Agent
Universal Citation: 10 CA Code of Regs 2606.02
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
Applications for permits which will entail impoundment of stock sale proceeds shall name a duly authorized federal or state bank within the state which has consented to act as impound agent. An originally signed letter of consent by the bank shall be attached to the application. (Section 843)
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