Section 10.16000 - Definition of "Subject Institution" and Scope(a) In this Part, "subject institution" means a foreign (other nation) bank which: (1) Maintains one or more California state agencies or branch offices;(2) Has one or more approved but unopened California state agencies or branch offices; or(3) Has closed one or more California state agencies or branch offices with respect to which it is still required to maintain eligible assets on deposit with an approved depositary.(b) This Part contains regulations relating to the deposit by a subject institution of eligible assets with an approved depository pursuant to Financial Code Section 1811.Cal. Code Regs. Tit. 10, § 10.16000
1. Change without regulatory effect amending subsection (b) and NOTE filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34). Note: Authority cited: Section 326, Financial Code. Reference: Section 1811, Financial Code.
1. Change without regulatory effect amending subsection (b) and Note filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34).