Securities and other related assets not exclusively controlled by an insurance company
shall only be held by banks, trust companies, or securities depositories that are
members of or regulated by the Securities and Exchange Commission, the Federal Reserve
System or the appropriate bank regulatory authority.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.