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California Code, Financial Code - FIN § 30004

Current as of January 01, 2025 | Updated by Findlaw Staff

“Securities depository” means any person or group of persons who acts as the custodian of securities in accordance with a system for the central handling of securities whereby all securities of a particular class or series of any issues deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entries effected by that person without physical delivery of such securities.

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Cite this article: FindLaw.com - California Code, Financial Code - FIN § 30004 - last updated January 01, 2025 | https://codes.findlaw.com/ca/financial-code/fin-sect-30004/

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