Any dividends received by the securities depository with respect to depositors' securities shall be distributed to the depositor no later than three (3) days after receipt of the dividends by the securities depository.

Note: Authority cited: Section 30006, Financial Code. Reference: Sections 30206, 30603 and 30608, Financial Code.

History

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).