California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 4 - Insurer Securities Permits
Article 6 - Impounding of Stock Sale Proceeds
Section 2606.03 - Certificate of NO Lien
Universal Citation: 10 CA Code of Regs 2606.03
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
Before an order is made releasing stock sales proceeds from impoundment, written assurance in letter form will be requested from the bank serving as impound agent that it has no lien, general, special, bankers, or otherwise, against said funds or any thereof, and knows of no claims asserted against funds or any thereof. (Section 843)
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