Utah Administrative Code
Topic - Money Management Council
Title R628 - Administration
Rule R628-22 - Conditions and Procedures for the Use of Negotiable Brokered Certificates of Deposit
Section R628-22-7 - Types of Structures Not Allowed
Universal Citation: UT Admin Code R 628-22-7
Current through Bulletin 2024-06, March 15, 2024
Negotiable brokered deposits that are issued based on the following are not allowed:
(1) inflation linked;
(2) index linked;
(3) equity linked, or
(4) other types of derivate linked securities.
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