In this Subpart, “deposit” has the meaning set forth in Section 204.2(a) of Regulation D of the Board of Governors of the Federal Reserve System (12 C.F.R. Section 204.2(a)). However, “deposit” does not include any liability of the type described in Section 204.2(a)(1)(v) of Regulation D (12 C.F.R. Section 204.2(a)(1)(v)).

Note: Authority cited: Section 215, Financial Code. Reference: Section 1759, Financial Code.

History

1. Amendment filed 5-5-86 as an emergency; effective upon filing (Register 86, No. 19). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 9-2-86.

2. Certificate of Compliance transmitted to OAL 8-28-86 and filed 9-23-86 (Register 86, No. 39).