Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69C - Division of Treasury
Chapter 69C-2 - PROCEDURES FOR ADMINISTERING THE FLORIDA SECURITY FOR PUBLIC DEPOSITS ACT
Section 69C-2.030 - Use of Agents by Custodians of Collateral
Universal Citation: FL Admin Code R 69C-2.030
Current through Reg. 50, No. 187; September 24, 2024
A custodian may elect to have the Chief Financial Officer complete collateral transactions directly with the custodian's agent under the following circumstances:
(1) Both the agent and the custodian meet the definition of a custodian in section 280.02(6), F.S.
(2) Both the agent and the custodian complete a Public Depository Pledge Agreement Form DI4-1001.
(3) The custodian and agent provide proof of the agency relationship.
Rulemaking Authority 280.19, 280.041(7) FS. Law Implemented 280.02, 280.04, 280.05 FS.
New 5-27-97, Formerly 4C-2.030.
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