California Code of Regulations
Title 2 - Administration
Division 4.5 - Local Agency Deposit Security
Chapter 2 - Administrator of Local Agency Security
Subchapter 2 - Agent of Depository
Article 1 - Eligibility to Act as Agent of Depository
Section 16002.1.2 - Eligibility to Act as Agent of Depository-Qualifications

The Federal Home Loan Bank of San Francisco or a trust company or state or national bank located in this State and authorized to engage in the trust business in this State is eligible to act as agent of depository if it has filed with the Administrator an agreement of agent of depository in accordance with Article 2 of this Subchapter and if it is not declared by the Administrator ineligible to act as agent of depository.

1. Amendment filed 7-16-80; effective thirtieth day thereafter (Register 80, No. 29).

Note: Authority cited: Section 53661, Government Code. Reference: Sections 53657 and 53661, Government Code.