California Code of Regulations
Title 2 - Administration
Division 4.5 - Local Agency Deposit Security
Chapter 2 - Administrator of Local Agency Security
Subchapter 7 - Security Pools (REN)
Article 1 - General Provisions
Section 16007.1.5 - Accepting Security (REN) in Security Pool (REN)

No agent of depository shall accept a security (REN) in a security pool (REN) unless it first receives from the depository the documents called for in Section 16007.1.4 of this Chapter and a duly authorized officer of such agent of depository endorses upon or attaches to the statement called for in Subdivision (e) of Section 16007.1.4 of this Chapter a certification that he has read the statement, that he has accepted the statement in good faith, and that to the best of his knowledge and belief all the information contained in the statement is true and correct.

Note: Authority cited: Section 53661, Government Code. Reference: Section 53651, Government Code.