1. (a) “Adjusted liabilities” has the meaning set forth in Financial Code Section 1811(a)(1).
2. (b) “Applicable minimum” has the meaning set forth in Financial Code Section 1811(a)(2).
3. (c) “Approved depository” has the meaning set forth in Financial Code Section 1811(a)(3).
4. (d) “Computation period” means the period commencing with the 16th day of the third month of a calendar quarter and ending with the 15th day of the third month of the next succeeding calendar quarter, both inclusive.
5. (e) “Eligible assets” has the meaning set forth in Financial Code Section 1811(a)(4).
6. (f) “Maintenance period” means a calendar quarter or, in the case of a subject institution which is subject to Financial Code Section 1811 for only part of a calendar quarter, such part.
7. (g) “Pledge deposit,” when used with respect to a subject institution, means the eligible assets which such subject institution maintains on deposit with an approved depository pursuant to Financial Code Section 1811.

In this Part:

Note: Authority cited: Section 326, Financial Code. Reference: Section 1811, Financial Code.

History

1. Change without regulatory effect amending section and Note filed 8-21-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 34).