Cal. Code Regs. tit. 10, § 1805.205
A securities depository shall not loan or pledge depositors' securities for its own account.
Note: Authority cited: Section 30006, Financial Code. Reference: Sections 30205, 30206 and 30601, Financial Code.
1. New section filed 9-12-73; effective thirtieth day thereafter (Register 73, No. 37).
2. Editorial correction of Note filed 3-9-83 (Register 83, No. 11).
3. Editorial correction of Note filed 6-24-83 (Register 83, No. 26).