Current through November 8, 2024
Section 356.150 - Collateral pools: Reports by third-party depositories1. Each third-party depository other than the Federal Reserve Bank shall submit to the State Treasurer:(a) A daily report of any pledge, release or substitution of security pursuant to NAC 356.130 that was completed on the day to which the report pertains. Such a report is not required if no such transactions were completed on that day.(b) A monthly report of all securities held at the third-party depository on behalf of the depository for the benefit of the State Treasurer as of the end of the last business day of the month to which the report pertains.2. The reports required by subsection 1 must be submitted:(a) On or before the deadlines established by the State Treasurer for submission of the reports;(b) In a format approved by the State Treasurer; and(c) By file transfer protocol, electronic mail, facsimile, telephone or any other method approved by the State Treasurer.3. If a depository had elected to use the Federal Reserve Bank as its third-party depository, the reporting requirements set forth in the Operating Circulars of the Federal Reserve Banks governing book-entry securities apply.Nev. Admin. Code § 356.150
Added to NAC by St. Treasurer by R028-04, eff. 6-30-2004