1. (a) If the depository is a national bank, on the Comptroller of the Currency of the United States.
2. (b) If the depository is a state bank, on the Commissioner of Financial Institutions.
3. (c) If the depository is a federal association, on the Office of Thrift Supervision.
4. (d) If the depository is a savings association, on Commissioner of Financial Institutions.
5. (e) If the depository is a federal credit union, on the National Credit Union Administration.
6. (f) If the depository is a state credit union or a federally insured industrial loan company, on the Commissioner of Financial Institutions.

Whenever a depository to which an order to substitute for nonqualified security has been issued fails to comply with such order, the Administrator shall promptly serve notice of such failure to comply on each treasurer who, according to the latest reports filed with the Administrator, maintains a secured local agency deposit with such depository, and on the appropriate regulatory agencies, as follows:

Note: Authority cited: Section 53661, Government Code. Reference: Section 53661, Government Code.

History

1. Renumbering from Section 16008.2.9 filed 3-1-73 as an emergency; designated effective 3-7-73 (Register 73, No. 9).

2. Certificate of Compliance filed 5-2-73 (Register 73, No. 18).

3. Amendment filed 10-8-76 as an emergency; effective upon filing (Register 76, No. 41).

4. Certificate of Compliance filed 2-4-77 (Register 77, No. 6).

5. Amendment of section and new Note filed 4-7-97; operative 4-7-97 pursuant to Government Code section 11343.4(d) (Register 97, No. 15).

6. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).