Any statement and proxy received by the securities depository with respect to depositors' securities shall be forwarded immediately to the depositor. Further, no securities depository shall vote any such proxies, except in accordance with and pursuant to the written instructions of the depositor.

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).