West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-60 - Affidavits Of Custodian Banks
Section 114-60-1 - General

Universal Citation: 114 WV Code of State Rules 114-60-1

Current through Register Vol. XLI, No. 38, September 20, 2024

1.1. Scope. -- This procedural rule prescribes the form for affidavits of custodian banks for use in the following situations:

a. Where securities entrusted to its care have not been redeposited elsewhere;

b. Where a custodian bank maintains securities on deposit with the depository trust company or like entity; and

c. Where ownership of the securities is evidenced by book entry at a federal reserve bank.

1.2. Authority. -- W. Va. Code §§ 33-2-10 and 33-8A-3(b).

1.3. Filing Date. -- July 26, 2002.

1.4. Effective Date. -- August 25, 2002.

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