Statutes, codes, and regulations
Code of Federal Regulations
Title 20 - EMPLOYEES' BENEFITSChapter VI - OFFICE OF WORKERS' COMPENSATION PROGRAMS, DEPARTMENT OF LABORSubchapter A - LONGSHOREMEN'S AND HARBOR WORKERS' COMPENSATION ACT AND RELATED STATUTESPart 703 - INSURANCE REGULATIONS
Subpart C - INSURANCE CARRIER SECURITY DEPOSIT REQUIREMENTS
Section 703.208 - Deposits of negotiable securities with Federal Reserve banks or the Treasurer of the United States; interest thereon

20 C.F.R. § 703.208

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Current through October 31, 2024
Section 703.208 - Deposits of negotiable securities with Federal Reserve banks or the Treasurer of the United States; interest thereon

Deposits of negotiable securities provided for by the regulations in this part must be made with any Federal Reserve bank or any branch of a Federal Reserve bank designated by the Branch, or the Treasurer of the United States, and must be held subject to the order of the Branch. The Branch will authorize the insurance carrier to collect interest on the securities it deposits unless any of the conditions set forth at § 703.211(a) occur.

20 C.F.R. §703.208